“Predictions for 2013″ by John Edward

John Edward, a resident of Chelmsford who earned his master’s degree at UMass Lowell and who teaches economics at Bentley University and UMass Lowell, contributes the following column.

Some of my predictions for 2012 came true (President Obama re-elected); others did not (the Supreme Court upheld “Obamacare”). In my own defense, I based the predictions I got wrong on talking points from the CIA. Nevertheless, if the Red Sox are willing to pay $39 million to a player with a .259 career batting average, then I deserve another chance.

For numerologists and trivia buffs, 2013 will be the first year since 1987 that all four digits of the year are unique. In 2013, sociologists and policy wonks will wish it were 1987 again, when Congress and the President were actually capable of compromise.

Having predicted that, I will also predict that very soon Congress and the President will indeed achieve a compromise. It will allow them to postpone the fiscal cliff until they can achieve a real compromise.

Then the Republicans and Democrats will announce, in separate press conferences, that they are serious about tackling the deficit. They will bolster the claim by pointing out they will have to get something done in 2013 because 2014 is an election year.

CBS will run a cross-promotion among NCIS, CSI, and Elementary (as in Sherlock Holmes). The plot will involve a search for evidence that increasing marginal tax rates on the wealthy will discourage investment. NBC will air the conclusion during a two-hour special edition of The Biggest Loser.

Spoiler alert! The biggest loser will be the 47 percent of Americans who “believe that they are victims, who believe the government has a responsibility to care for them.” Continue reading