Cohen, Manafort, Mueller, Impeachment, and the Midterms; China in a Trade War It Cannot Win; Venezuela – Destroyed by Socialism

Cohen, Manafort, Mueller, Impeachment, and the Midterms; China in a Trade War It Cannot Win; Venezuela - Destroyed by Socialism

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In-Brief

  1. What are the implications of the Cohen and Manafort convictions?
  2. Why does Trump hire so many slime balls?
  3. Venezuela – destroyed by socialism and the authoritarian dictatorship that usually come with it.
  4. China prompted a trade war with its predatory trade practices and will now pay the price.
  5. PREDICTION: The Democrats will gain 5 to 15 US House seats in the midterm elections.
  6. PREDICTION: The Democrats will lose 4 to 7 US Senate seats in the November elections.
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Trump Wields US Financial Clout Against Turkey; China Blinks on Trade; Liberal Media Shows Mass Collusion Against Trump; Democrats More Positive About Socialism Than Capitalism

Trump Wields US Financial Clout Against Turkey; China Blinks on Trade; Liberal Media Shows Mass Collusion Against Trump; Democrats More Positive About Socialism Than Capitalism

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In-Brief

  1. Using the enormous financial and economic power of the US, Trump targets Turkey’s President Erdogan.
  2. President Xi of China recognizes he cannot win a trade war with the US.
  3. Over 100 newspapers colluded against Trump in an ominous show of bias and lack of independence.
  4. Rank-and-file Democrats are more positive about socialism than they are about capitalism.
  5. American voters reject the violence of left-wing ANTIFA.
  6. NY Democratic Governor Andrew Cuomo declares that “America was never that great.”
  7. PREDICTION: The Democrats will gain 5 to 15 US House seats in the midterm elections.
  8. PREDICTION: The Democrats will lose 4 to 7 US Senate seats in the November elections.
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More US Jobs Open Than Unemployed; Trump Re-Evaluated; China Questions It’s Strategy

More US Jobs Open Than Unemployed; Trump Re-Evaluated; China Questions It's Strategy

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In-Brief

  1. There are now more job openings in the US than job seekers.
  2. Small business optimism is at an all-time high, according to Gallup.
  3. Political dissent in China is rising to a surprising extent.
  4. Among the elite In China, President Trump is viewed with fear and awe because of his skills as a tactician and strategist.
  5. The special election in OH-12 tells us little about the November mid-terms.
  6. Negotiations with N Korea have bogged down.
  7. The Democratic lead in the polls has all but disappeared... fluke or trend?
  8. PREDICTION: The Democrats will gain 5 to 15 US House seats in the midterm elections.
  9. PREDICTION: The Democrats will lose 4 to 7 US Senate seats in the November elections.
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Unemployment Below 4% While Economy Booms; Democrats Have Identity Crisis; China is Too Weak to Win Trade War Against US

Unemployment Below 4% While Economy Booms; Democrats Have Identity Crisis; China is Too Weak to Win Trade War Against US

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In-Brief

  1. The US unemployment rate again falls below 4% and the economy booms.
  2. The US and China trade war is one that China is too weak to win. The US can both lose and win in a major trade war with China.
  3. China once again adds to its already huge debt burden threatening a burst of its financial bubble.
  4. The Democrats are in a major civil war and have an identity crisis that cannot be resolved before the November elections or before the 2020 elections.
  5. The absence of an unpopular war, an economic boom, and relatively high satisfaction among voters about the direction of the country, all suggest that a Democratic Blue Wave in November is unlikely.
  6. PREDICTION: The Democrats will gain 5 to 15 US House seats in the midterm elections.
  7. PREDICTION: The Democrats will lose 4 to 7 US Senate seats in the November elections.
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Blowout Increases in GDP and Personal Savings; Major Trade Deal with Europe; A Financially Fragile China Adds More Debt

Blowout Increases in GDP and Personal Savings; Major Trade Deal with Europe; A Financially Fragile China Adds More Debt

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In-Brief

  1. The US economy grew at a robust 4.1% in the latest quarter.
  2. US household savings rates jumped in unexpected good news, especially as consumer spending is also strong.
  3. The US and Europe agreed to seek a trade deal reducing tariffs and barriers to free, non-predatory trade.
  4. China once again adds to its already huge debt burden.
  5. PREDICTION: The Democrats will gain 5 to 15 US House seats in the midterm elections.
  6. PREDICTION: The Democrats will lose 4 to 7 US Senate seats in the November elections.
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Trump in Europe – The Good, Bad, and Really Ugly; With the Economy Great – Republicans and Democrats Name Immigration Most Important Problem

Trump in Europe - The Good, Bad, and Really Ugly; With the Economy Great - Republicans and Democrats Name Immigration Most Important Problem

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In-Brief

  1. Trump in Europe…the Good [truth-telling] …Bad [bluster]…and the Ugly [Putin press conference].
  2. Times are so good that Americans tell Gallup that unemployment and war on terrorism do not top the most-important-problem list. Immigration does.
  3. California Democrats endorsed an up-and-coming progressive over party stalwart Diane Feinstein as the progressive v. establishment civil war rages.
  4. Mystified or apoplectic over Trump’s foreign policies? Watch his actions and downplay his words, especially when they are extemporaneous.
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Trump Rampages Across Europe; Putin’s Russia is a US Enemy; Kavanaugh Confirmation Vote Challenges Vulnerable Democrats

Trump Rampages Across Europe; Putin's Russia is a US Enemy; Kavanaugh Confirmation Vote Challenges Vulnerable Democrats

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In-Brief

  1. Trump rages through Europe in a loud, obnoxious manner, but he tells truths that should be told.
  2. Putin’s Russia is an enemy of the US, but it is also weak and vulnerable economically.
  3. Judge Kavanaugh is likely to be confirmed to the Supreme Court after a very ugly and unfair partisan process. Red-state Democratic Senators up for re-election will be damaged in the process.
  4. China re-opens the debt floodgates.
  5. Congressman Jim Jordan [R-OH] is highly unlikely to become the next Speaker of the House.
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Blockbuster Jobs Report!; N Korea Denuking Process On-Target or Collapsing?; Justice Kennedy Replacement Fireworks; Who Speaks For The Democrats?

Blockbuster Jobs Report!; N Korea Denuking Process On-Target or Collapsing?; Justice Kennedy Replacement Fireworks; Who Speaks For The Democrats?

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In Brief

  1. Secretary of State Michael Pompeo reports the process of denuclearizing N Korea is progressing after several days of talks in N Korea. By contrast, the N Koreans describe US demands as “regrettable.” Who is lying or posturing?
  2. It is now unclear who speaks for or will lead the Democratic Party.
  3. Justice Kennedy’s retirement sets off a bitter battle over his replacement. Trump will announce his choice today.
  4. Maxine Waters, many Democrats, and their allies continue to advocate incivility, political terrorism, and repression against Republicans. This is generating conflict within the Democratic Party and adding to the progressive versus establishment civil war.
  5. Political populism sweeps the globe driving out left-wing and right-wing establishments.

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Abolish ICE, The US Immigration and Customs Enforcement Agency? Totally Open Borders?; Kennedy Retirement Sets Off Epic Battle!; Waters and Democrats Want Incivilty and Political Terrorism as Weapons?

Abolish ICE, The US Immigration and Customs Enforcement Agency? Totally Open Borders?; Kennedy Retirement Sets Off Epic Battle!; Waters and Democrats Want Incivilty and Political Terrorism as Weapons?

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In-Brief

  1. Many Democrats propose open borders and abolishing ICE, the Immigration and Customs Enforcement agency. Completely open borders?
  2. Justice Kennedy retires, setting off a bitter battle over his replacement.
  3. Maxine Waters, many Democrats, and their allies advocate incivility, political terrorism, and repression against Republicans.
  4. The US Supreme Court makes numerous important decisions.
  5. The progressive v. establishment civil war in the Democratic Party explodes.
  6. Trump’s influence on the post-Trump Republican Party will be limited.
  7. The European Union’s integration is threatened by its own migration crisis.
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2018 Predictions Updated

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THE TUCHFARBER REPORT

Accurate Facts, Analysis, and Forecasts

2018 Predictions Updated

On January 8, 2018, I made 80 predictions for 2018 and another 12 that go into future years. I promised you a mid-year update and a final report in early 2019.

WHAT IS THE STANDARD FOR SUCCESS? I’ll give myself a passing grade if 80% to 90% or more prove to be correct.

None of you will like all my predictions. The appropriate metric isn’t like or dis-like, but accuracy. This is something much of the media seems to have forgotten.

The accuracy in 2017 was 22 of 25 …88% correct.

How did I do so far in 2018? You be the judge…

American Politics & Elections

  1. The Republicans will lose seats, but not the US House majority in the 2018 elections. IN PROCESS: RESULT UNKNOWN
  2. The Democrats will lose US Senate seats. IN-PROCESS: LIKELY CORRECT
  3. 2018 will be a “Turnout Election” –one substantially affected by which party is more effective in getting its voter base to the polls. Negative anger at Trump and D “resistance” to him will be pitted against R loyalty to him and belief in him. Overall turnout will be down substantially from the 2016 Presidential vote, a normal occurrence. IN-PROCESS: LIKELY CORRECT
  4. In the 2018 Democratic primaries an ideological civil war will rage between the “progressive”- wing and the traditionalist-wing of the party. CORRECT
  5. Their main battle will be over moving further left and moving back to the center to regain white working-class votes. CORRECT
  6. Five percent or fewer of D or R House incumbents running for re-election will be defeated in 2018. IN-PROCESS: UNKNOWN
  7. The Republicans will nominate a higher percentage of politically skilled candidates than the Ds because they have more incumbents and the D civil war “progressives” will succeed in nominating more than a few political novices, as did the Tea Party for the Rs in 2010 and 2012. IN-PROCESS: LIKELY CORRECT
  8. Regional geographic partisan polarization within and between states will be dramatic in the 2018 elections. IN-PROCESS: LIKELY CORRECT
  9. The Democrats will “waste” millions of votes, winning many districts and states by large majorities because their voters have “packed” themselves, by choice of residency, in a limited number of states and inner-city/older-suburban areas. Rs are more spread between states and districts allowing them to win pluralities and majorities with lower percentages. IN-PROCESS: LIKELY CORRECT
  10. No clear, widely acknowledged Democratic “message” leader, including former President Obama, will emerge in 2018. CORRECT
  11. The main D message in 2018 will be “Resist Trump”. CORRECT
  12. Republicans will use Nancy Pelosi as their chief political “boogie-man [woman]”. CORRECT
  13. The Republicans will be more united than the Democrats in 2018 as many Never-Trump Rs grudgingly accept him and as Steve Bannon self-destructs. CORRECT
  14. “Resist-Trump” rhetoric and campaigning will be very effective in some states [Northeast, Pacific Coast] and in many major urban areas but ineffective in many other areas. CORRECT
  15. The 2017 Tax Bill and the repeal of the Obamacare health insurance mandate will be a major positive for the Republicans as voters see the direct financial benefit to them starting in February. IN-PROCESS: UNKNOWN
  16. The Right Direction-Wrong Track polling question will be a better predictor of voting intention than the Presidential Approval question in 2018. [“Wrong-track” below 58% is good for Rs; 63+% good for Ds.] IN-PROCESS: UNKNOWN [“Wrong-track” now at 52%.]
  17. President Trump and VP Pence will play a significant role in raising hundreds of millions for GOP candidates, from both large and small donors. IN-PROCESS: LIKELY CORRECT
  18. Trump and Pence will appear, on a targeted basis, for R state and district candidates substantially increasing GOP pre-election “energy”. They will avoid areas where such rallies would generate more D “counter-energy”. CORRECT
  19. VP Pence will be recognized, increasingly, as a star in the Trump administration. IN-PROCESS: UNKNOWN
  20. Nikki Haley will emerge as more of a political star in 2018 and lend campaign support to Republican candidates. IN-PROCESS: LIKELY CORRECT
  21. The Trump-Russia collusion story will die a slow boring death with little consequence related to the original substance. IN-PROCESS: LIKELY CORRECT
  22. 2018 will be a bad political and legal year for Hillary Clinton. CORRECT
  23. The fact the GOP is now the middle-class party will become more widely recognized in 2018 as will the fact that the Democrats are the party of the poor, minorities and the rich. CORRECT
  24. “Never-Trump” Republicans will increasingly recognize his successes and leadership; fewer, but a significant number, will leave the party. CORRECT
  25. Steve Bannon and the “Alt-right” will become but minor players in 2018. CORRECT
  26. The Tax Bill and end of the Obamacare mandate will do much to end the idea that the Republicans cannot govern. CORRECT
  27. Private business white union workers will continue their move to the Republicans. IN-PROCESS: LIKELY CORRECT
  28. Negative reactions by many to Trump’s tone and style will continue to obscure his leadership and policy successes. CORRECT

Legislation, Policy & Law

  1. There will be no complete repeal and replacement of Obamacare in 2018 but there will be major legislative and policy changes to make it more efficient, effective and financially viable. CORRECT
  2. The Trump administration will substantially speed-up de-regulation in 2018. CORRECT
  3. Trump will continue to populate the federal courts with “textualist”/constitutionalist judges. CORRECT
  4. Trump will not be impeached even if the Democrats win the House in 2018. IN-PROCESS: LIKELY CORRECT
  5. Few DACA illegals [“Dreamers”] will be deported unless they commit crimes beyond being in the US with no official status. IN-PROCESS: LIKELY CORRECT
  6. A full TX to CA physical border wall is not in the cards and will not be funded because it is not physically feasible or necessary. But, border security will increase markedly beyond its already significant increase in 2017. CORRECT
  7. The fact that President Trump is not a strong fiscal conservative, but a Reagan-Kemp supply- sider, will become very obvious in 2018. CORRECT
  8. Robert Mueller will not be fired by Trump but may be forced out because of political corruption or actions by senior members of his team. IN-PROCESS: LIKELY CORRECT
  9. Russian interference in the 2016 election will be documented with the Clinton campaign and Fusion GPS as the principle vectors. CORRECT
  10. Many major officials in the Obama administration will be demonstrated to have not acted upon knowledge of Russian involvement. CORRECT
  11. US national security budgets will be substantially increased. CORRECT

Global Economics, Finance & Demographics

  1. There will be no US recession in 2018. IN-PROCESS: LIKELY CORRECT
  2. US Q3 to Q3 growth in 2018 will be near or exceed 3.0%. IN-PROCESS: LIKELY CORRECT
  3. Both the official US unemployment rate [U-3] and the broadest measure [U-6] will approach or pass historic lows. CORRECT
  4. The US labor participation rate will increase. IN-PROCESS: LIKELY CORRECT
  5. Wage growth in the US in 2018 will be 3% or higher, well above inflation. IN-PROCESS: LIKELY CORRECT
  6. US core “PCE” inflation will stay below 3% for the year. IN-PROCESS: LIKELY CORRECT
  7. US exports of crude oil, natural gas, refined oil products and natural gas liquids will increase significantly. CORRECT
  8. US energy production will increase significantly. CORRECT
  9. US influence on world energy prices will continue to grow. CORRECT
  10. Business investment in the US will increase substantially. CORRECT
  11. China’s total societal debt [household, corporate and government] will increase faster than GDP in 2018. IN-PROCESS: UNKNOWN
  12. In 2018, China’s government will directly interfere more in private businesses through policies, diverting profits, and direct involvement in management. CORRECT
  13. China’s commitment to renewable energy will be driven mostly by its horrible pollution and the internal political problems it causes, not by a commitment to reducing global warming. CORRECT
  14. The working age populations of China, Germany, Japan and Russia will fall while the average age of their populations will increase. CORRECT
  15. The size of the US working age population will increase. CORRECT
  16. The US average age will increase. CORRECT
  17. Russia will continue its slow economic decline. CORRECT
  18. Europe will continue its slow economic, political and demographic decline. CORRECT
  19. India’s total population and working age population will grow substantially. CORRECT
  20. India’s GDP will continue to grow rapidly. CORRECT
  21. Bitcoin will be extremely volatile in 2018 with billions gained and lost. CORRECT
  22. Extreme poverty [less than $2/day] across the globe will continue to decrease. CORRECT
  23. Two major causes of lower US longevity rates will be the Opioid epidemic and the large number of illegals in the US from shorter life-span countries. CORRECT

Global Politics

  1. There will be additional, effective sanctions against N Korea from the US and UN unless they substantially ratchet back their nuclear weapons and ballistic missile testing. CORRECT
  2. There will be no major war with N Korea. IN-PROCESS: UNKNOWN
  3. China’s active assistance will be essential for any substantial progress on the N Korea crisis. CORRECT
  4. Expect additional Iran sanctions by the US based on their international terrorism and human rights abuses domestically. CORRECT
  5. ISIS will stay defeated on the battlefield but will continue to be a major terrorism and insurgent threat. CORRECT
  6. The informal “alliance” between Israel, Saudi, the Gulf States, Egypt and Jordan will become more visible and strengthen to the benefit of all in the alliance but to the chagrin of the Palestinians, Iranians, Iraqis and Lebanese. CORRECT
  7. Political instability in Europe and the EU will increase well beyond the effect of BREXIT. CORRECT
  8. The EU will continue its slow dis-integration. CORRECT
  9. India will continue its rise toward major power status economically and militarily. CORRECT
  10. Venezuela will continue its economic, financial and political collapse. CORRECT
  11. S America will continue its move away from socialism. CORRECT
  12. The civil war in Syria will continue. CORRECT
  13. Worldwide CO2 emissions will decrease or stay relatively unchanged calling into question global warming projections. IN-PROCESS: UNKNOWN

Socio-Political

  1. Trump will be Trump and say and tweet outrageous, unwise things. CORRECT
  2. China’s government will become even more authoritarian and totalitarian reducing human and civil rights of its people under “Emperor” Xi. CORRECT
  3. The reputations and credibility of the FBI, DOJ State Department, intelligence agencies and many other federal agencies have been and will be substantially damaged by Obama era political corruption. CORRECT
  4. Scores of additional politicians and celebrities will resign, be fired or not run again as a result of sexual harassment or other morality-based issues. CORRECT
  5. Expect extensive European and US concern and action about the size and societal impacts of major high-tech giants like Google [Alphabet], Amazon and Facebook. CORRECT

Looking Ahead Several Years and Beyond

These additional predictions will not be evaluated regularly like the 2018 predictions above. They are
relevant well beyond 2018, but are important to note now.

  1. China during this period will fall into the same sort of stagnation as its economic model, Japan, did in the early 1990s. This economic crisis is likely to begin before the end of 2019. IN- PROCESS: UNKNOWN
  2. China’s population will peak, its workforce decrease in size and it will age rapidly. CORRECT
  3. China’s lack of an adequate pension system for seniors will create enormous socio-political strains. CORRECT
  4. NAFTA will survive in some form, but the negotiation process may go beyond 2018. IN-PROCESS: UNKNOWN
  5. Trump era GDP growth will average well above the 1.5 to 2.0 percent growth of the Obama era. IN-PROCESS: UNKNOWN
  6. The Russians will mostly give up on their “war” with Ukraine, except for the annexation of Crimea because it is costing them money they do not have for gains of limited value. IN- PROCESS: UNKNOWN
  7. During this period, self-driving cars, vans and trucks will begin to achieve notable market penetration and begin a massive change to American society similar in scope to that caused by the automobile before and after WWII. IN-PROCESS: LIKELY CORRECT
  8. Cuba will enter a period of political and economic turmoil as the Castro regime ends. IN- PROCESS: UNKNOWN
  9. Iran will enter an era of internal turmoil and strife and will be gradually forced to pull back from many foreign expansionist ventures. IN-PROCESS: LIKELY CORRECT
  10. The world will search for a definition and understanding of the new socio-political and economic era it has entered. IN-PROCESS: LIKELY CORRECT
  11. There will be a chaotic “cavalry charge” for the 2020 Democratic nomination with dozens of serious candidates drawn from politicians, celebrities and business leaders. CORRECT
  12. Among the likely candidates, three African-American will contest for center stage as the minority favorite— Senator Cory Booker [NJ], Senator Kamala Harris [CA], and former Governor Deval Patrick [MA]. IN-PROCESS: LIKELY CORRECT

Mid-Year Scorecard for 2018 Predictions

Correct—55 [69%]

Wrong—0 [0%]

In-process: Likely Correct—17 [21%]

In-process: Likely Wrong—0 [0%]

In-process: Unknown Results—8 [10%]

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Al Tuchfarber PhD
Professor Emeritus of Political Science, University of Cincinnati
Al.Tuchfarber@gmail.com

Dr. Tuchfarber founded the Ohio Poll, one of the nation’s most accurate, and directed two research
institutes at the University of Cincinnati for decades. He is an engaging speaker and has published over
100 articles and papers about politics, society and research methodologies.


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