State of the Union
In December 2007 I posted my prediction that Barack Obama would win the 2008 election and then we’d all be depressed a year later. The last paragraph:
In December 2009 we will suffer a massive nationwide psychological depression. People assume that all of their problems can be blamed on George W. Bush personally. When the hated King Bush II has been back to Texas for a year and the beloved Obama has been in office for a year, people will look around for a quick status check. They will still be stuck in horrific traffic. They will still be paying insane prices for crummy housing in bleak, lonely communities. Their children will be getting a terrible education at the local public school, perhaps developing to about 15 percent of their potential. If in a hip urban area, criminals will still be smashing their car windows and taking their GPS. They will realize that virtually none of the things that are unpleasant about their life have anything to do with the federal government, except for the war in Iraq, which a quick check of the headlines will reveal that we are still losing.
Now that Barack Obama is preparing to give his first State of the Union speech, I’m wondering if this prediction was accurate. Has Iraq turned into a stable democracy, contrary to my prediction? If so, is the replacement of Iraq by an expensive losing war in Afghanistan equally depressing?
I certainly did not predict the big stock market collapse of 2008 (depressing) and the subsequent transfer of most of America’s remaining wealth to Wall Street (extremely depressing to everyone outside of Manhattan). So we’d have to subtract out any depression caused by the financial collapse and wealth transfer from depression caused by Congress and Obama’s inability to improve American lives in the ways expected by enthusiastic voters.
So… was the prediction basically accurate or not? (I’m still smarting from my inaccurate prediction that Democrat Martha Coakley would win the Massachusetts Senate election.)
[Separately, the peasants will not be able to fly their little airplanes while the King addresses his subjects. The FAA has issued a temporary flight restriction for 8-11 pm on the night of the speech, forbidding people from taking off or landing at the little airports near Washington, D.C. Got a $50 million Gulfstream G-550 parked at Dulles? There’s an exception that will let you take off for Davos or Aspen.
It could be worse. If you’re a flight school in northwest Washington State, this Olympics TFR imposes a two-month moratorium on flight training. So you get to relax for two months with no revenue. As with other security-based TFRs, the government is not going to compensate the flight schools or airplane owners for loss of revenue and loss of use.]
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