JUMPING TO CONCLUSIONS

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Wednesday, October 09, 2002
 
Winning the battle, but losing the...

It's not really news anymore, but the Dow is down another 200 points today.

The Iraqi situation has effectively kept the stock market and the economy off the network news agenda, but President Bush is going to have to deal with the economy at some time. The question becomes: why has he not put it on a frontburner this summer and fall, when the worst that could happen is that the Republicans lose the midterm elections? (Note the use of "a frontburner" not "the frontburner" -- it's possible for the White House to do more than one thing at a time). Why is he waiting? So it'll simmer and be a boiling issue for the next two years? So he'll get beaten in 2004?

Jumping to Conclusions for a second... is this his corporate experience coming into action? Putting short-term goals ahead of long-term ones?

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