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Politics : WHO IS RUNNING FOR PRESIDENT IN 2004 -- Ignore unavailable to you. Want to Upgrade?


To: Glenn Petersen who wrote (3937)8/7/2003 7:42:54 AM
From: stockman_scott  Respond to of 10965
 
A True Conservative Thinks Bush Is In Big Trouble

___________________________________

Was Poppy Right After All?
by Pat Buchanan
The American Conservative
July 28, 2003 issue
amconmag.com

After five weeks of air strikes and 100 hours of ground war, President Bush ordered General Schwarzkopf to end his attacks and halt his advance. Receiving reports of air massacres of retreating Iraqis on the Highway of Death out of Kuwait City, unwilling to risk a defection of his Arab allies, Bush I ordered an end to the war.

America agreed. Our goal had been to liberate Kuwait. It had been achieved, brilliantly. Saddam’s army had been evicted. The 500,000-man army of Desert Storm was ordered home. And the neoconservatives never forgave Bush I for not going to Baghdad.

A dozen years later, the son, at their fanatical urging, invaded Iraq, seized Baghdad, and committed America to building a democracy that would serve as a model for the Arab and Islamic world.

Three months have now elapsed since Baghdad fell. In those 100 days, the wisdom of the father in disregarding the neocons, and the folly of the son in heeding them, have become apparent.

America has 150,000 troops bogged down in Iraq as proconsul Paul Bremer is demanding thousands more to put down a guerrilla revolt that has broken out against our occupation.

Each day brings reports of new American dead and wounded. Our enemies are said to be terrorists, Saddam’s Fedayeen, the remnants of the Ba’ath Party. But Saddam had hundreds of thousands of men in his army, Republican Guard, and Special Republican Guard. We did not kill a tenth of these soldiers. Where are they now?

George W. Bush is in more trouble than he realizes. Indeed, his place in history may yet hinge on how he deals with what Americans are coming to see as an intolerable cost in lives to maintain a presence in Iraq when they are not yet convinced it is vital to our security.

The president spent a year convincing us of the ominous threat of Saddam—his weapons and ties to terrorists—a threat that could be eliminated only by an invasion and the death of his regime. But he has not even begun to make the case for why we must stay on in Iraq.

Why are we still there? If our goal is a democracy in Iraq, that is surely noble, but is it doable? What is the price in blood of achieving it? What is the cost in tens of billions? What are the prospects for success? What would constitute indices of failure, at which point we would write off the investment? What is our exit strategy?

None of these questions has been answered. What we hear from the president is “Bring ’em on,” and from senators who visit Baghdad, “We must be prepared to stay five or ten years.” But why must we be prepared to stay five or ten years? Now that Saddam is gone and his weapons of mass destruction no longer threaten us, if ever they did, why must we stay?

Iraq is not Vietnam where we lost 150 soldiers each week for seven years. But it has taken on the aspect of the colonial wars of the European empires, all of which were lost because the natives were more willing to pay in blood to drive the imperialists out than the imperialists were willing to pay in blood to stay around.

The truism stands: the guerrillas win if they do not lose. And they do not lose as long as they keep fighting, dying, killing, and raising the cost of the occupation. British, French, Israelis, and Russians can testify to that.

Americans sense, rightly, that we do not need to occupy Iraq to be secure here at home.

Bush’s father understood this. Is the son wiser? Why did Bush I stop at Basra and not go on to Baghdad? He had no desire to occupy and rule Iraq. He saw no need to. He feared that a U.S. occupation would alienate Arab allies, inflame the Arab street, and invite an Iraqi intifada. He placed a high value on the coalition he had stitched together to fight, and to pay for, the war. He was warned Iraq could split apart and a Shi’ite south sympathetic to Iran could break loose. He did not see a routed Saddam as a mortal threat. He believed Iraq could be deterred, contained.

On this, he was a conservative. Has not history proven him right?

His son, however—to invade and occupy Iraq and oust Saddam—was willing to shatter alliances, alienate Arabs, Turks, French, Germans, and Russians, have his country pay the full cost of the war, and run the entire occupation ourselves. Now, U.S. casualties, after the fall of Baghdad, are approaching the number of lives lost in the war.

Looking back, were Saddam’s weapons so imminent a menace they required an invasion? Or did the neocons get revenge on the father by leading his son down the garden path—to the empire of their dreams, now creaking at the joints?

What does the son do now, with the election 15 months away?

Copyright © 2003 The American Conservative



To: Glenn Petersen who wrote (3937)8/7/2003 1:51:09 PM
From: calgal  Read Replies (1) | Respond to of 10965
 
Productivity Soars; Jobless Claims Drop to Six-Month Low







Thursday, August 07, 2003

WASHINGTON — America's business productivity soared in the second quarter of 2003 (search) and new claims for unemployment benefits dropped to a six-month low last week, a double dose of good news as the economy tries to get back to full throttle.





Productivity -- the amount that an employee produces per hour of work -- grew at an annual rate of 5.7 percent in the April to June quarter, the best showing since the third quarter of 2002, the Labor Department (search) reported Thursday. That marked an improvement from the 2.1 percent growth rate in productivity posted in the first three months of this year.

In a second report from the department, new applications for jobless benefits fell by a seasonally adjusted 3,000 to a six-month low of 390,000 for the work week ending Aug. 2. It marked the third week in a row that claims were below 400,000, a level associated with a weak job market. This suggest the pace of layoffs is stabilizing. Claims hit a high this year of 459,000 during the work week that ended April 19.

Both the productivity and jobless claims figures were better than economists were expecting. They were forecasting productivity to grow at a 4 percent pace in the second quarter and for jobless claims to rise.

For the economy's long-term health and rising living standards, solid productivity gains are crucial. They allow the economy to grow faster without triggering inflation. Companies can pay workers more without raising prices, which would eat up those wage gains. And, productivity gains also can bolster a company's profitability.

Federal Reserve Chairman Alan Greenspan (search) told Congress last month that it has been unusual for companies to achieve healthly gains in productivity when the performance of the overall economy has been so lackluster.

"To some extent, companies under pressure to cut costs in an environment of still-tepid sales growth and an uncertain economic outlook might be expected to search aggressively for ways to employ resources more efficiently," Greenspan said. "That they have succeeded, in general, over a number of quarters suggests that a prior accumulation of inefficiencies was available to be eliminated," he added.

One consequence of improving productivity, however, has been an ability of many businesses to pare existing workforces and still meet increases in demand, Greenspan said.

In the second quarter, businesses boosted output at a 3.4 percent rate, up from a 1.4 percent growth rate in the first quarter. But workers' hours were cut at a 2.2 percent rate in the second quarter, following a 0.7 percent rate of decline in the prior three months.

Improved productivity gains have contributed to a sluggish jobs market.

The nation's unemployment rate climbed to a nine-year high of 6.4 percent in June. The rate dipped to 6.2 percent in July mainly because a flood of people left the civilian labor force. Businesses cut payrolls in July for the sixth month in a row.

Even if companies slow the pace at which they lay off workers -- as evidenced by the recent drops in jobless claims -- that doesn't mean they'll be in a rush to hire, economists said. Companies are likely to remain cautious, waiting for clearer signs that the economy is on an upward growth path before they beef up their workforce, economists said.

Against that backdrop, the unemployment rate is likely to creep up in the coming months, economists said.

Still, Thursday's report showed that people who kept their jobs made gains. Workers' real hourly compensation rose at a 2.9 percent rate in the second quarter, the biggest increase since the third quarter of 2000, and up from a 0.2 percent growth rate in the first quarter.

Companies' unit labor costs, meanwhile, fell at a rate of 2.1 percent in the second quarter, boding well for profit margins. That compared with a 2 percent rate of increase in the first quarter.

With scattered signs of an economic revival, though, economists expect the Fed to hold a key short-term interest rate at a 45-year low of 1 percent at its next meeting on Aug. 12. Some economists are predicting a growth rate in the second half in the range of 3.5 percent to 4 percent or more, as near rock-bottom short-term interest rates and a fresh round of tax cuts take hold.