When will it end?! (user search)
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  When will it end?! (search mode)
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Poll
Question: What do you think will happen?
#1
The worst Depression ever, DOW around 800, 30% unemployment, Obama drops the ball badly, does not even run for reelection.
#2
A very bad depression. DOW around 2,000, unemployment around 15-20%, a Hooveresque Obama term.
#3
Severe Recession. 3-4,000 DOW bottom, 15% unemployment. Obama gets trounced.
#4
Bad recession 12% unemployment, 5-6,000 DOW bottom. Obama has a chance at re-election, but thinks aren't that great in the world.
#5
The Economy will recover within Obama's term, be at 2004-5esque levels. Obama wins reelection by a decent margin
#6
DOW reaches a new high by the end of Obama's term. Reagenesque victory
#7
Huge increase in economy, a new definition of landslide for the president.
#8
What are you talking about? The fundamentals of the economy are still fine.
Show Pie Chart
Partisan results


Author Topic: When will it end?!  (Read 8508 times)
A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35

« on: March 04, 2009, 12:26:14 PM »

Your options skip the most likely scenario:

I expect the unemployment rate to top ou at approximately 10.8% and the DOW to bottom around 6,000 (Industrial).

Obama is toast unless the Republicans blow it (again).

Why would that mean he's toast? In November of 2012, the public isn't going to care about the state of the economy as of 2009. As disastrous as Obama's agenda is, it would be incredible if his policies managed to prevent a recovery by late 2012.
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A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35

« Reply #1 on: March 04, 2009, 12:51:47 PM »

'Recoveries' (World War II, for example) only happen because of government policy. Recoveries, on the other hand, are a product of the efforts of free people.
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