Understanding Economics and Money

Welcome to Kingdom Economics - the future is now



Friday, October 7, 2022

America's Election; Prediction; Consequences for Biden's Agenda!


My sense is that America's election in 31 days (November 8) will result in a Republican majority in both the House and the Senate. The economy, gas prices, and foreign policy are the core issues which will tank Biden's support after this election. If this happens (as I project) then Biden's polices will crumble and his administration could become totally ineffective. Biden's future would be in doubt. Does Bill Clinton know what will happen (listen above)? My projections (as of today) are the following:

1. The HOUSE will have some 230 republicans after this election on November 8. This is an increase of 18. The increase could be greater IF the economy tanks these next couple of weeks.

2. The SENATE will have some 51 republicans after this election. This gives the republicans a majority in the Senate. A majority will result in new policies which challenge all the current policies of the Biden administration. 

As of today, the House has 212 republicans (a minority) as the total House membership is 435. The Senate currently has 50 republicans (a minority)...as Kamala Harris votes to support the Democrats. If my perception is valid, the House and Senate will shift to the Republicans in 31 days. This is HUGE as the policies of Biden will then be rejected. In fact, Biden could be impeached and/or rendered impotent if this happens on November 8. 

The war policies could change. The energy polices could change. The social policies could change. The immigration policies could change. The financial decision making could change. America could be a different nation on November 8 (if my projections are valid). The BIG issue as of today are the economic issues. People vote based on perceptions on the economy (mostly).

If gas prices continue to GO up, this would benefit the republicans. If the stock market tanks, this would benefit the republicans. Financial issues are KEY when a voter casts his/her vote. Perception is KEY and the big Kahuna is usually the ECONOMY. My sense (as of today) is that the economy will worsen and gas prices will start to increase. This could be the KEY and Biden's democrats could suffer.

Support for Ukraine could also shift in 31 days. The issue is MONEY. If our economy tanks, MONEY would become an issue. Perception is KEY and this election could CHANGE America (if my projections become valid). As of today, our financial house of cards is crumbling and gas prices are increasing. The DEBT situation is getting WORSE and interest rates are going UP. MONEY could be a problem for the next House and Senate.

Biden's policies (now supported) will be in shambles if my projections prove to be valid. America is totally polarized politically. The Biden policies get support because the House and Senate is controlled by the Democrats (as of today). But all this could CHANGE in 31 days. Watch November 8 for the final numbers. My sense is that our economy is tanking and gas prices are reversing. This will produce a Republican WIN on November 8. That is my perception. Watch and witness the results in 31 days!


I am: Donald B. Swenson, donaldswenson.blogspot.com. Also, http://kingdomecon.wordpress.com. 

No comments:

Post a Comment