A gloomy prognosis
Juan Cole offers us a rather gloomy prognosis -- a one term Democratic president chased from office at the end of his/her term for losing the Iraq war with Republicans taking over for decades to come:
God, I hope he's wrong about this. Or, alternatively, if he's right, I hope I don't live to see it.
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.
It is all so unfair, of course, since Bush started and prosecuted this disaster in Iraq, and Bush is refusing to accept responsibility for the failure, pushing it off onto his successor.
But life is unfair.
God, I hope he's wrong about this. Or, alternatively, if he's right, I hope I don't live to see it.
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