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Politics : Foreign Affairs Discussion Group
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To: Condor who wrote (79857)3/6/2003 2:03:38 PM
From: Jacob Snyder  Read Replies (1) of 281500
 
<America is becoming a nervous nation and people
are acting strange and scared.>

Yes, we are returning to the 1950s, with McCarthyism and Domino Theories and a demonized foreign enemy.

He's got a good handle on the intersection between economic and political sentiment. In the recession of 2001, U.S. consumers did not cut consumption. In 2003 they are, in spite of 50-year lows in mortgage rates and 0% auto financing.
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