Monday, January 5, 2015

Regressives are wrong, as usual

See this for the details. Regressives predicted the following if Obama was re-elected. They were wrong in every case. I doubt you're going to hear any retractions though.

1. Gas was supposed to cost $5.45 per gallon. Right now it's under $2.
2. Unemployment was supposed to be stuck at over 8%. It's actually 5.8%.
3. The stock market was supposed to crash. It just had a record high of 17,823.
4. The entire U.S. economy was supposed to collapse. The U.S. economy grew at a robust 5% in the 3rd quarter of 2014, following 4.6% growth in the second quarter.

2 comments:

  1. Too true. The points are virtually moot, though, considering that Obama was re-elected over 2 years ago, and the American public's collective memory only goes back about 2 weeks...

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  2. Agreed. Why we need to remind them often.

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