1) Mike Lee (R-Utah) said gas would be at $5.45/gal by the start of 2015. It stand at $2.24 nationally (I saw $1.989/gal in Huntsville).
2) Mitt Romney said unemployment would be over 8% and he would bring it in under 6% by 2017. It stands at 5.8% now.
3) Marc Faber (conservative voice for Forbes) said the market would drop by 20% after Obama’s 2012 election. It has risen 35%.
4) Rush Limbaugh predicted that “the country’s economy is going to collapse if Obama is re-elected.” . In truth, it has grown at 5% and 4.6% in the last 2 quarters (April-Oct 2014). That is the highest two quarter rise since 2004. And look at how much it has improved since 2009.
However, here are that have not yet occurred in any big way.
1) "Our time of standing pat, of protecting narrow interests and putting off unpleasant decisions -- that time has surely passed”. Still protecting Wall Street and the Military Industrial Complex.
2) "The state of our economy calls for action: bold and swift. And we will act not only to create new jobs but to lay a new foundation for growth”. No jobs programs yet. To be fair however, we can say he has tried - but Congress is stuck in asperity mode.
3) "We will build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together.” That infrastructure has not been addressed and has degraded further.
4) "We will harness the sun and the winds and the soil to fuel our cars and run our factories”. That has happened but only to a small degree.
5) "Those of us who manage the public's dollars will be held to account, to spend wisely, reform bad habits, and do our business in the light of day, because only then can we restore the vital trust between a people and their government.” No new accountability efforts.
6) "This crisis has reminded us that without a watchful eye, the market can spin out of control. The nation cannot prosper long when it favors only the prosperous.”. He bailed out the banks instead of the homeowners following the 2008 meltdown brought to us by deregulation of mortgage market. Also, inequality has grown since 2009.
7) "The question we ask today is not whether our government is too big or too small, but whether it works, whether it {a} helps families find jobs at a decent wage, {b} care they can afford, {c} a retirement that is dignified. Where the answer is yes, we intend to move forward. Where the answer is no, programs will end.”.
{a} Wages have stagnated for the middle and lower classes.
{b} The ACA has made more people have insurance at reasonable costs but health care costs are still way to high comparatively to other countries.
{c} .
I’ll add an eighth that he is still working on: Closing Gitmo.
