Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
The problem is that inflation can be presented as a problem for everybody, and caused by those nasty Arabs, Chinese and foreign commodity producers.  The fact that it is also caused by US policy choices and the devaluation of the dollar will be obscured by partisan politics.  Pretty soon it will all be Obama's fault.

The real problem with Paddy O'Bama's anodyne centrist campaign is that it contains no analysis of the roots of the problem and thus it will all be his fault as soon as he takes office.

"It's a mystery to me - the game commences, For the usual fee - plus expenses, Confidential information - it's in my diary..."

by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Wed Jul 16th, 2008 at 06:45:06 AM EST
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