YOUR SALARY IN 2016....Due to the vagaries of print magazine lead times, my swan song at the Washington Monthly is only now hitting newsstands across the globe. It's part of a package called "The Stakes," and the question put to me and a bunch of my fellow contributing editors (that's the title you get when you're a Monthly alum) was how things would change over the next eight years depending on who wins the election. The subjects include China, the courts, healthcare, broadband infrastructure, and all the other wonkiness that the Monthly is famous for. And me? No mushy predictions here, my friends. My focus was on economic fundamentals, and at the end of my piece my conclusion was blunt:
Democrats really are better for the economy than Republicans, and it really does seem to be related to differences in their economic programs. Given that, then, I'll make this prediction: If Barack Obama is elected president, the economy over the next eight years will be better than if John McCain is elected. In fact, I'll go further and put some hard numbers to that prediction. Here they are:
Click the link to get firm dollar figure forecasts for 2016 for both McCain and Obama. Plus an explanation of where they came from. Email it to all your Republican friends!
And if you want to read all the other essays, you can find them here. Enjoy.