If you want to be depressed go read the predictions in the right column at FiveThirtyEight.
Here’s my prediction: nothing changes. President and Senate are Democrat; House is Republican.
So, America. What exactly are we going to get out of that? I’ve often argued I don’t mind divided government, but where do we go from here?
For one, we get the full brunt of Obamacare. I remember rumblings over the last year that Democrats need to fix some things. Will there be enough cooperation to get it done? Will House Republicans win concessions here and there?
Of course, there is also the fiscal cliff. We ain’t got no money.
And then, taxes are about to increase for a number of Americans, especially the tax rates pertaining to investment returns.
I invite you all to step back and figure out where this bickering is going to land us. Especially when you consider nothing will be changing.