December 30, 2022
Once again, it is time to give more cynical readers further fodder of my incompetence. To save my more obnoxious readers the bother of cutting and pasting my predictions of 2022 and sadistically sending them to me, I will repeat them.
1. The stock market will gain 15%. Incorrect. The S & P lost around 15%. But anyone who takes financial advice from me is as crazy as anyone taking my golfing advice.
2. The Republicans will win the House. Correct.
3. The Republicans will take back the Senate. Incorrect
4. Roe versus Wade will not be overturned. Incorrect.
5. COVID restrictions will come to an end and life will return to normal. Correct although a few nanny-state liberals are still plotting the bring back the useless mask mandates in Deep Blue states.
6. Some version of BBB (Buy Back Better) will pass. Correct
7. The Jets will not be Super Bowl contenders. Technically correct. But the Jets – to the surprise of their hardcore fans – have been playing 500 ball and could make the playoffs next year.
Regular readers will note that I did much better than usual. So maybe my predictions for 2023 will be even more accurate. So here goes:
The Stock market will be flat. Consumer stocks such as Pepsi, Procter and Gamble along with Johnson and Johnson will remain stable or even gain slightly; but the carnage is not done yet on the overvalued tech stocks that dominate the NASDAQ.
Inflation will remain a problem. The Federal Reserve led by Jerome Powell will not risk raising interest rates to the level required to tame this beast as higher interest rates could cause a financial contagion such as another housing crisis or currency defaults. Plus, the dirty little secret is that inflation results in bracket creep (i.e., higher wages putting citizens in higher tax brackets), allowing the government to garner more money and the political class more power.
Joe Biden will announce his reelection bid. Although mentally and physically impaired, the Democrats have no choice but to run Biden again. His withdrawal would result in a Democratic primary blood bath. Since 1960, it has been the tradition that the Vice President for the Democrats receives the nomination for president. To break this tradition for a Black woman, Kamala Harris, could irreparably split the Democratic Party – especially if Gavin Newsom, Pete Buttigieg, Bernie Sanders and Hillary Clinton join the fray.
Ron DeSantis will announce he is running for President. At this point, he is the only candidate who can prevent former President Trump from being the nominee and the consensus among Republican insiders is that Trump can’t win. The Trump-DeSantis battle could get quite ugly so liberals should cozy up to their big screen TVs, open a bottle of Chardonnay, grab some tofu pop corn and enjoy the show.
The Supreme Court will rule against affirmative action (Students for Fair Admissions, Inc. v. President and Fellows of Harvard College). Major universities such as Harvard have been deliberately discriminating against Asians just like they discriminated against Jews almost 100 years ago. While the Supreme Court cannot technically put a stop to this (these are private universities that can choose whoever they wish for their students), they could restrict their access to federal money.
The Supreme Court will uphold the primacy of state legislatures to make election law (Moore v. Harper). Liberals are screaming about this because they managed to defeat Trump in 2020 and limit the Red Wave in 2022 by bureaucratic and judicial rulings that enabled legalized ballot harvesting without legislative approval. Democrats gerrymandered successfully for generations but are now screaming bloody murder when Republicans – in states like North Carolina - do the same thing.
The Michigan Wolverines will be the national football college champs. The bias of the college football pundits favors the southern teams and Texas; but this year they are wrong. While Georgia is favored, Michigan obliterated powerhouses such as Penn State and Ohio State – both top Ten teams.
The Philadelphia Eagles will win the Super Bowl. While Jalen Hurts is a fine quarterback (assuming he stays uninjured), the true determinant of a team’s scoring ability is the offensive line. And the Eagles have a good one.
The Steelers will be Super Bowl contenders. We will make the playoffs next year.
The Durham Probe will go on and on an on and produce nothing. Even Elon Musk figured out that the FBI was intimately involved in the Russian hoax against President Trump. But Durham can’t even get convictions against low-level stooges let alone the Big Fish.
Happy New Year.
Nationally:
1. Biden will run and win the primary (but will ultimately lose in 2024) only to save K.Harris the embarrassment of running and receiving a fierce smack down.
2. The economy will coast into a recession.
3. More and more people will refuse to work and will find a federal welfare program (disability) to hang their hat on.
4. Illegal migration will continue without abatement and will serve to be one of the coffin nails in Biden's bid for re-election in 2024.
5. The war in the Ukraine will escalate dragging in other non-European countries. There will be an extreme reaction (nuclear) from Russia
Connecticut state
5. After gaining population due to the influx of New Yorkers during Covid, Connecticut will resume losing population in 2023 because neither the Democrats controlling the legislature nor Gov. Lamont see population rentention as a problem, nor do they have any clue of how to turn the tides.
6. CT will have little to no business growth, ie. few new businesses, no additional hiring at current companies, etc.
7. Pension debts will continue to be exacerbated because Lamont and Democrats have no solutions.
8. CT GOP will continue suffer a lack of leadership, remain ineffective in making inroads into state governance.
9. Crime will increase in CT inner cities...
10. Overdoses in CT will rise.