1991 All Over Again?

Published



PRESIDENT BUSH’S foreign policy team is trying to persuade him that he should now turn his attention to Syria. His domestic advisers want him to concentrate on jobs–enough new jobs to ensure that he keeps his own after next year’s election. Right now the president is riding the brilliant American feat of arms in Iraq to a 71 percent approval rating. But attention is gradually turning away from the mean streets of Baghdad to Wall Street and Main Street. Wall Street has stopped reacting to every battle report from Central Command, and is now focusing on the earnings reports coming from the nation’s boardrooms. Meanwhile, Main Street is refocusing on the indicator that matters most to it: the unemployment rate.

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