Monday, January 18, 2021

Reality Roost

Reality strikes again and again despite hopes for another. To wit:

  •  Economics boost needed
    • Most recent boost totaled $1 trillion; it was not enough and most said so
    • Biden’s proposal is for $1.9 trillion; it will cover what was missed before                                                  i.     Increased household infusion of cash ($1400 per person 
    • ii.Increased unemployment and extension thereof
    • iii.     Partial bailout of states and municipalities in light of revenue drops and increased expenses all due to COVID
    • iv. These numbers are all well document by a majority of economists

  • Joe Biden won the election; will be inaugurated on January 20th
  • Trump household will vacate the White House on schedule
  • COVID vaccines will be ramped up in the first quarter of 2021 to cover one third of Americans
  • Pandemic will ease slowly at first, then pick up speed during the first 9 months of 2021
  • Economy will slowly rebound; first notable improvement by end of June; major improvement by year-end
  • Trump is finished as a politician and influencer
  • Global Warming will get more attention and action in 2021 with global collaboration
  • Racism will continue as a persistent, systemic problem
  • Political ideologies will be realigned:3
    • 30% conservative
    • 30% liberal
    • 40% centrist
    • Much blending among the three

These may be projections on my part, but logic supports all of them. In spite of heated debates to the contrary, I firmly believe 2021 will witness the above movements. Coincidentally, public safety will be ensured as public discussion returns to more civil behavior.

What a difference an election can make!

January 18, 2021

 

 

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