.comment-link {margin-left:.6em;}

Born at the Crest of the Empire

Tuesday, September 11, 2007

Juan Cole asks the next question

From a long post,
But in all likelihood, when the Democratic president pulls US troops out in summer of 2009, all hell is going to break loose. The consequences may include even higher petroleum prices than we have seen recently, which at some point could bring back stagflation or very high rates of inflation.

In other words, the Democratic president risks being Fordized when s/he withdraws from Iraq, by the aftermath. A one-term president associated with humiliation abroad and high inflation at home? Maybe I should say, Carterized. The Republican Party could come back strong in 2012 and then dominate politics for decades, if that happened.
.

0 Comments:

Post a Comment

<< Home