Since 2001, the price of oil per barrel has quadrupled, adversely affecting all but the wealthiest Americans. Efforts to spread democracy have either stalled or succeeded only in enhancing the standing of groups like Hamas and Hezbollah. The much-hyped Iraqi nuclear threat turned out to be illusory. To sustain the overstretched American imperium, we are accumulating debt at a staggering clip. And with U.S. soldiers shouldering repetitive combat tours, the strength of our army slowly ebbs away. Meanwhile, the immediate danger to the American way of life comes not from terrorists but from our own adamant refusal to live within our means. American profligacy, not Islamic radicals, triggered the mortgage crisis that underlies our current economic distress. The ‘Long War’ fallacy ☀
Wednesday 14 May 2008
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