Sometimes I look back at my past predictions and wonder why I am not working as a financial planner or psychic. My brilliance is eerie. My prediction that the Cubs wouldn’t win the World Series? Who knew! And how about the bit about a contentious presidential race? Weird.
Okay, so maybe I wasn’t that good. But being mostly wrong never deters me from making the next round of predictions 52 weeks later. So without further rambling. . .
On the economy: Thrift is in and ostentatiousness is out. When I stood in line at the Starbucks the other day, the guy with the Dolce and Gabana sunglasses just looked like a dork. I know I wasn’t the only one who thought so. Be prepared to be overwhelmed by value meals, rebates, and coupon deals. Women will be at the head of this thriftiness. Guys might just drink cheaper beer.
On the same note, look for simplicity in business. Complex deals, accounting practices, acqusitions, buyouts, etc. will be shunned in favor of the simple or thrifty. Woe to those corporate officers who defy this credo as more CEO’s stand to go to jail for simply presiding over a failed corporation.
As stated by everyone else but me (call me the echo chamber) Obama will be praised when economic indicators are good and Bush will be vilified when they are bad. Bush needs to be prepared to be blamed at every turn.
In technology: The digital television conversion will be so small potatoes that almost every American will wonder why the hell the media has been mentioning it on newscasts for the past six months.
Online video and game ordering through your Wii or PS3 will become all the rage. Soon, you will be able to watch movies that have just been released to DVD for $1. And you won’t have to take the movie back. Ever.
Apple will end its exclusivity agreement with AT&T and make the iPhone available to all. In two years, I will get one and hook it into my T-mobile account.
Speaking of Apple, ground to pieces by Mac and its own Vista operating systems nightmare, Microsoft will roar back in the summer with its latest system.
In Politics: The Republicans will temporarily split for the next two years. There will be those that want to get along with an Obama administration (McCain) and those that obstruct much of his agenda. Things won’t soon get better for the GOP and despite predictions last year, the Republicans won’t make substantial gains come 2010.
In Obama’s first State of the Union Address, Dems will practically wet themselves. Several members on the Democratic side will cry. Just like they did for Obama’s election, and inauguration, and first speech from the White House, and first press briefing and first ride in Air Force One. . .
Despite the mantras of 2008, there will be no real “change.” Dems will have to waken to the sobering effects of this thing called “leadership.” There will be no stability in the Middle East, the “good war” in Afghanistan is going to continue to plod along with no real results, Pakistan will be no help, Iran will be as bellicose as ever and on several occasions, Ahmadinejad will call out Obama by insulting his race or religion, Iraq will be just fine with a smattering of car bombings and skirmishes. Ultimately, it will continue to march into the 21st century by exploiting more oil wealth. Obama will be praised for his leadership in Iraq. Everyone, including Obama will know the truth.
All of those nifty campaign promises are just empty rhetoric. Health care, the new energy economy, investing in education, and middle class tax “relief” are already in the shredder. Because of this, there will be a degree of disharmony between Obama and loudmouths in his own party.
In Sports: The Florida Gators will win the “national title” as will the Utah Utes. College football will still be a joke. And I will watch it as always. In 50 years our grandkids will laugh at our generation for such a ridiculous system.
The Carolina Panthers will win their first Super Bowl by beating the Pittsburgh Steelers.
In March UConn, Duke, Carolina, and Texas will ride #1 seeds into the tourney. Of course Carolina will win (the easiest prediction of all).
In June, the Lakers will defeat the Celtics in the NBA championship.
The Yankees will win the World Series.
Next?