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29 Nov 2008 08:14 pm
Buyer's Market For America
Kaplan:
...the real reason that Obama and Clinton might enjoy success is something that goes barely mentioned in the media. Obama and Clinton are buying into a bottomed-out market vis-à-vis America’s position in the world. It is as if they will be buying stock after the market has crashed, and just at the point when a number of factors are already set in motion for a recovery. For President George W. Bush did not just damage America’s position in the world, he has also, over the past two years, quietly repositioned himself as a realist in foreign policy, and that, coupled with a bold new strategy in Iraq, known as the “surge,” has poised America for a diplomatic rebound, which the next administration will get the credit for carrying out.
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