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Author Topic: What shall we expect?  (Read 2792 times)

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Offline worlder

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What shall we expect?
« on: November 08, 2012, 12:13:40 am »
As much fun as it is to laugh at the fits of rage thrown by those that rooted for Romney to win, I think we should snap back to reality and try to predict what the next 4 years have in store.

Now in terms of taxes Obama has promised during this campaign to increase taxes on the rich and close loopholes in a way their effective tax rate would no longer be lower than those making less money than them. I know that usually higher taxes lead to shifting money to foreign banks, but that might not happen due to the loophole (I need the specifics on this one) closings. Also some of these loopholes do have upsides to them, such as charity deductibles, closing them might have some ramifications for those non-wealth that also benefit from these loopholes.
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Offline KZN02

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Re: What shall we expect?
« Reply #1 on: November 08, 2012, 02:00:31 am »
I'm expecting the usual deadlocks in government that hardly gets things done, but that's too cynical of me.
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Offline Material Defender

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Re: What shall we expect?
« Reply #2 on: November 08, 2012, 02:01:48 am »
People have been saying that for ages, so I I've just started to drown that out.
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Offline Joey

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Re: What shall we expect?
« Reply #3 on: November 08, 2012, 02:52:40 am »
Quote from: worlder on November 08, 2012, 12:13:40 am
those that rooted for Romney to win
I know this isn't the topic of the thread, but nobody was really rooting for Romney to win, they were rooting for Obama to lose...
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Offline Vypernight

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Re: What shall we expect?
« Reply #4 on: November 08, 2012, 06:36:09 am »
I've read that if the R's lock of bills again, we could be headed for another recession.  Of course it wouldn't affect them and they'd just blame Obama anyway.
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Offline Lt. Fred

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Re: What shall we expect?
« Reply #5 on: November 08, 2012, 07:00:41 am »
If Obama can get beyond the stupid debt cliff idiocy without trashing the economy, four years is long enough for a natural recovery. In the long run, the economy should look after itself. Which is itself a dreadful condemnation of American public policy, isn't it?
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Offline mellenORL

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Re: What shall we expect?
« Reply #6 on: November 08, 2012, 01:59:48 pm »
Lt. Fred wins many internets  8)

The economy is so huge and interconnected around the world that it behaves very much like a mathematical model of a large ecosystem, or even like the natural processes within our own bodies.

Homeostasis - or balance - is the "goal", or natural tendency, of megacomplex systems. Just takes a while for sudden shifts to settle out. Those sudden shifts in economic systems very much resemble the effects of storms or forest fires in their respective megacomplex systems. There is always recovery, and the opportunity for growth and change, after a disaster.
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Offline Her3tiK

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Re: What shall we expect?
« Reply #7 on: November 08, 2012, 02:45:24 pm »
The same gridlock as before. Republicans block everything, Democrats show no spine, the public grows to hate them both even more.
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Offline worlder

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Re: What shall we expect?
« Reply #8 on: November 08, 2012, 04:54:21 pm »
Oi so much cynicism
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Offline Material Defender

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Re: What shall we expect?
« Reply #9 on: November 08, 2012, 04:59:00 pm »
Quote from: Her3tiK on November 08, 2012, 02:45:24 pm
The same gridlock as before. Republicans block everything, Democrats show no spine, the public grows to hate them both even more.

I keep hearing that, but considering there have been a number of things that have gone through considering everything, well. I don't see this gridlock everyone talks about.

Just is a self-assuring prophecy to insure you can remain apathatic and lazy.

"Not to care is unforgivable."
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Offline VirtualStranger

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Re: What shall we expect?
« Reply #10 on: November 08, 2012, 05:33:02 pm »
Obama's best play by a mile is to do immigration reform early next Congress. It'll probably happen.

The Republicans got their asses handed to them this time because they lost minority voters by huge margins. The GOP establishment knows that the Hispanic electorate is growing and that they need to relax their position on immigration in order to win elections in the future. However, the teabagger base of the party will flip their shit if that ever happens. The Republican party will tear itself apart over this issue and it's certainly clear that the GOP civil war will be in full bloom the minute that bill hits Congress.

The DREAM executive order is due to expire in 2014, I believe, which will conveniently coincide with the midterms.
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Offline Sleepy

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Re: What shall we expect?
« Reply #11 on: November 08, 2012, 05:39:41 pm »
I expect (or at least hope) that Obama will be more assertive this time around since he doesn't have to worry about reelection. Granted, if the House decides to be a bunch of immature assfucks and filibuster everything, he's limited, but he still has plenty of room to get at least some shit done.
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Offline VirtualStranger

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Re: What shall we expect?
« Reply #12 on: November 08, 2012, 05:48:37 pm »
Quote from: Sleepy on November 08, 2012, 05:39:41 pm
I expect (or at least hope) that Obama will be more assertive this time around since he doesn't have to worry about reelection. Granted, if the House decides to be a bunch of immature assfucks and filibuster everything, he's limited, but he still has plenty of room to get at least some shit done.

Harry Reid has said he will definitely be limiting the power of the filibuster this time around. Not eliminating it entirely, mind you, because he knows they might need it some day, But he will make it significantly harder for the GOP to hold up congress as easily as they did last time.

Due to the tea party wave coming in right before redistricting in 2010, we probably won't see a significant Dem majority in the house for at least another 10 years because of gerrymandered districts.
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Offline worlder

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Re: What shall we expect?
« Reply #13 on: November 08, 2012, 11:59:47 pm »
Fiscal Cliff

The fallback mechanism to reduce federal debt. High taxes and low services.

Results will be catastrophic should it actually be triggered.

Let's hope the President and Congress have a very short post-election honeymoon and start figuring this shit out.
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