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	Name:	architect -
	Subject:	Predictions!!
	Date:	11/26/2012 9:48:29 PM (updated 11/26/2012 9:53:15 PM)

Well, since the number of employed has gone up about 4.5 million in the last 30 months I expect to add another 8 to 10 million in the next 49 months (150,000 to 200,000 / mo) with the rate of unemployment down to 5% to 6%. At the end of Hillary's first term it will be down to 4% or less.

With the economy making a good upward jump interest will certainly go up but no where near prime at 8%. Mortgage rates will go up to 4.5% to 5%. Still lower than in the Eisenhower years.

Gasoline will be up but not over $4.50 to $5.00 depending on world demand. Our own oil output will continue to go up with North American production making us "self sufficient" by 2020 but as long as you believe in the market economy don't expect that to have an impact on domestic prices. It is a global market and if you expect Exxon to be "patriotic" and sell to Americans at $60/b when the rest of the world is willing to pay $110/b then you are even crazier than I thought.

Inflation will be flat for 2013 and 2% to 3% for the next 3 years.

As for the national debt...well we will know after we see what happens over the next 3 to 4 months. If the President and both parties will tell their no tax increase / no entitlement change wingnuts to take a hike then we might be able to make some progress.

Other messages in this thread:

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Hey Archie .. - water_watcher - 11/26/2012 6:55:56 PM

Don't hold your breath - MartiniMan - 11/26/2012 7:24:34 PM

Predictions!! - architect - 11/26/2012 9:48:29 PM

and ... - water_watcher - 11/27/2012 6:10:26 AM

and ...SOME FACTS !! - architect - 11/27/2012 8:43:54 AM

more excuses ... - water_watcher - 11/27/2012 9:05:44 AM

and ...SOME FACTS !! - water_watcher - 11/27/2012 9:34:32 AM

WW common sense is not part of your bag of tricks! - architect - 11/27/2012 9:52:19 AM

Some analysis of your predictions - MartiniMan - 11/27/2012 1:12:04 PM

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