Here are my 2012 predictions, what happened and my score.
Prediction: Small business optimism will improve.
Actual: The NFIB Index showed optimism barely improved, but still better. +1
Prediction: Unemployment will remain above 8%.
Actual: 7.9%. -1
Prediction: Expect reports of unfilled skilled jobs due to lack of qualified applicants.
Actual: Multiple sources indicate up to 1.5 million unfilled skilled jobs openings. +1
Prediction: The European Central Bank will prevent a financial melt-down, but not a European recession.
Actual: The EU recession continues and is deepening. +1
Prediction: Iraq will prove unworthy of the price paid to liberate it.
Actual: Al Qaeda has returned to Iraq and Iranian weapons are crossing Iraq to arm Syria and Hezbollah. +1
Prediction: Iran nuclear program will continue to influence oil prices.
Actual: Avg. 2012 crude prices, $103 PPB, from $99.85 in 2011. +1
Prediction: Obama will approve the Keystone Pipeline.
Actual: President Obama proved he is more committed to a war on carbon fuel than lower energy costs for businesses and consumers. -1
Prediction: Occupy Wall Street participants will increasingly look more like anarchists than reformers.
Actual: With the motto, “World Revolution,” OWS is searching for relevance, like attaching to Wal-Mart protesters. +1
Prediction: Wall Street will continue to be a leading indicator only of itself, not the economy.
Actual: U.S. economy is barely growing, yet stock indexes are at near record highs. +1
Prediction: The Supreme Court will rule Obamacare unconstitutional.
Actual: Chief Justice Roberts literally rewrote the law for a contrived ruling. -1
Prediction: Joe Biden will not be on Obama’s 2012 ticket.
Actual: They actually did talk about it. -1
Prediction: Barack Obama will be a one-term president.
Prediction: Republicans will retain control of the U.S. House.
Prediction: Democrats will lose control of the U.S. Senate.
Prediction: Alabama will defeat LSU in the BCS Championship.
Actual: Bama 21, LSU zip. +1
This year, 65% accuracy. Underestimated the president and his Chicago machine, and overestimated the electorate.