It’s summer(ish) time and the rest of the year is going to be filled with the same basic stuff. Election crap, slothy economy, and a new iPhone. Very exciting year we’ve got lined up. Let’s make some predictions anyway.
Apple’s new iPhone: I don’t want to make and specific predictions. But it’s known Apple is working on their own maps to replace Google Maps. It will probably have turn by turn navigation built in. This has me excited, as I rely on Google Maps on my phone daily. But I suspect the new mapping tool will be limited to the new iPhone to force people to upgrade. Something I’m not ready to do yet. So the only prediction is that Apple will have this cool new feature they could roll out to everyone but will force everyone to buy the most expensive phone to use it.
Greece won’t leave the Euro: Sorry, but there just aren’t any advantages to leaving. Greece doesn’t have much of an economy, especially now. They export olive oil wholesale to Italy who bottles and sells it retail. When was the last time you bought something that was actually Greek at all? Europe has a lot more pain to go through, but it will bring them closer together, not tear them apart.
Europe will still be dealing with Greece: Like I said, this issue won’t die for a while. At best, Greece will get less attention because another country like Spain will get in more trouble. But that isn’t an improvement.
Obama Wins: PACs are all well and good, but there’s just as much many being thrown at both sides, so it’s still a wash. But there aren’t enough people that buy into a Conservative agenda that is still not in any more unity than it was in 2010. Obama ran in 08 on “change” but people fear change so they’ll stick with what they know. Mitt will go more centrist to get votes and Obama will meet him there, which makes for a moderate president. So even if I’m wrong, we’ll have a moderate president either way.
GOP Keeps The House: Not only that, but they might gain some seats too. This is partially due to some redistricting but also that the PACs may have more of an impact in key local elections. Look for Democrats to keep the Senate though, but with no supermajority. Overall, Republicans will get some power back in both chambers, but not in a significant way.
Jobs and Economy: I said before the magic number for job growth for the election to be a fight is 135,000 per month. We will likely see that and a bit more. Though it is much lower than what is needed for a healthy recovery. Look for job growth to continue to be slow, but not so slow that it helps Romney win the election.
Olympics: America wins, of course. In gold medals and overall medal count.
So what else is going to happen for the rest of this year?
 By The Weakonomist |
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