It’s been a while since there was a journal update, but the recap of my predictions for 2018 warrants a return from my hiatus. Spoiler alert: I didn’t get many right. Here’s the recap:
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Here are the election predictions for 2018:
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Republicans will barely lose the House, with Democrats holding a post-election advantage of between 1-10 seats.
Pending the outcome of the disputed race in North Carolina, Democrats will have gained either 41 or 42 seats and currently hold a 235-199 advantage, far more than the 1-10 seat advantage I predicted. I thought Democrats would do well, but they ended up with one of the best performances by any party since Watergate.
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Republicans will end the year with either 49 or 50 Senate seats.
While Democrats got a similar percentage of votes for Senate races as they did for House races (53 million total votes vs 35 million for Republicans), those votes were overwhelmingly in large states like California and New York, and Republicans actually gained two seats overall, giving them a 53-47 edge. Missouri and Florida are two states that I thought would stay blue, and I expected Democrats to make at least one surprise pickup, but Republicans did well in states that voted for Trump.
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Efforts to eliminate gerrymandering will get a boost, with ballot measures passing in at least five states. Additionally, the Supreme Court ruling in Gill vs. Whitford will accept the argument that overly-partisan districts are unconstitutional, leading to lawsuits in several states against the current maps.
I’m giving myself half credit for this one. Ohio, Michigan, Missouri, Colorado and Utah all passed measures to limit or eliminate gerrymandering, and hopefully more states will follow in coming years as it is ridiculous how districts are currently drawn in many places. Meanwhile the Supreme Court essentially punted on their gerrymandering case, voting 9-0 to send the case back to the lower courts because the defendants had not demonstrated “concrete and particularized injuries”. The case was brought against the state of Wisconsin, where Republicans ended up with 63 out of the 99 State Assembly seats despite Democrats winning 53% of the vote.
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Republicans will barely lose the House, with Democrats holding a post-election advantage of between 1-10 seats.
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After twelve years in development and many setbacks, Virgin Galactic will finally get their new ship into space.
Scaled Composites launched a similar design out of the Mojave airport in 2004, capturing the $10 million X-Prize as the first private vehicle to reach space, and on the morning of December 13 they returned with the first spaceship built to carry average citizens into space. We live in exciting times.
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Avengers: Infinity War will become the highest-grossing Marvel movie.
While the new Avengers movie earned $687 million at the domestic box office to surpass the $623 million earnings of the original Avengers movie, Black Panther beat it to the punch, taking in $700 million after its February launch to claim the mantle as Marvel’s highest-grossing film.
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The Browns will draft a quarterback at #1 and trade back from the #4 pick.
John Dorsey chose not to trade his picks, but by all indications he apparently nailed the 2018 draft, taking likely Rookie of the Year Baker Mayfield at #1, and Pro Bowler Denzel Ward at #4. I’m a big fan of the math behind trading back from high picks, but I’m a bigger fan of the Browns sucking less and thus I’m happy to have gotten this prediction wrong.
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Tesla will not hit its goal of producing 5,000 Model 3 vehicles per week by the end of Q2, and will finish the year with total Model 3 deliveries between 170,000-190,000.
Tesla pulled out all of the stops and barely hit the 5,000 Model 3 per week goal in Q2, but they have been averaging just under 5,000 vehicles per week since then and came out lower than I expected for the year with 145,846 Model 3 deliveries.
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Jeff Bezos will expand his presence in the news world.
Since buying the Washington Post in 2013 Bezos has helped grow the paper’s profits, staff and subscribers. Additionally the software created to manage the content and web site for the Post is being used by an increasing number of newspapers around the world, helping them refocus on journalism and letting someone else handle the technical side of running a newspaper in the internet age. Despite these successes, Bezos has surprisingly not made any further ventures into the news world, so this prediction, like most of the others, is incorrect.
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The new Han Solo Star Wars movie will significantly underperform recent Star Wars films, earning between $375-425 million
I got the “underperform” part right, but vastly underestimated how little interest audiences would have for this film. The final box office for “Solo” was just $214 million, far less than the $532 million box office of its predecessor Rogue One.
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Boeing will not complete its first 777X airplane in 2018 as scheduled.
While the 787 faced years of delays that cost Boeing billions of dollars, the 777X completed final assembly on time and by all reports should be flying on schedule in early 2019, ready for first delivery in 2020.
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Despite reportedly spending $1 billion on producing television shows in 2018, Apple will still end 2018 without any popular programs.
While Apple reportedly has almost thirty shows in development, they have so far only released two: Planet of the Apps, which Mashable charitably called a “successful disaster“, and Carpool Karaoke, which got renewed for a second season despite “lacking critical and audience acclaim“. I miss Steve Jobs.
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The California High Speed Rail will start to be rebranded as a route that connects the job-rich coastal cities with the affordable housing of the Central Valley.
I actually got this one right! After years of touting connectivity between San Francisco and Los Angeles as its primary benefit, the first point in the 2018 High Speed Rail Business Plan is “Connecting the Central Valley to the Bay Area and the Los Angeles economic megaregions through highspeed rail will give businesses around the state new opportunities to choose locations based on labor force availability and to tighten linkages with businesses and field offices.” I’ve noted previously how disappointed I am in the management of this project, but still firmly believe that having a high speed rail line connecting California’s major cities will ultimately be a huge win for the state.
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The Simpsons will finally come to an end after 30 seasons, announcing that the 2018-2019 season will be its last.
As of 6-January there is no confirmation whether The Simpsons will be back for Season 31 or not, so I’m making this prediction my first-ever “neither right nor wrong” prognostication. I think it’s odd that if TV’s longest-running scripted series was going to end that there wouldn’t be an announcement made as soon as possible in order to drive up final season ratings, but thus far all has been quiet on the subject of the animated family from Springfield.
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The Bitcoin bubble will finally burst. The cryptocurrency is down nearly fifty percent from its high of $20,000, but the bubble will finally burst for good sometime this year, and prices will be well under $1,000 by the time 2018 comes to a close.
The price continued to drop throughout the year, but closed just under $4000, and not “well under $1000” as I predicted it would. I’m still dumbfounded that it is worth as much as it is – do even ten percent of the people investing in Bitcoin even know what a Bitcoin actually is?
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Lebron James will not leave the Cavs.
He went away again, but it was nice to see Cavs fans giving him a standing ovation in his first game back in Cleveland after joining the Lakers. As a former Clevelander I’m hardly in a position to criticize anyone for leaving, and Lebron did the impossible by taking the Cavs to four straight NBA Finals and winning Cleveland’s first professional sports championship since 1964, so kudos to him, and best of luck with the new team.
Final score: 3.5 out of 14 (25%), my third-worst showing in ten years behind only 2014 (12%) and 2013 (11%). Predictions for 2019 should follow soon.