“The American Recovery and Reinvestment Act that I will sign today -- a plan that meets the principles I laid out in January -- is the most sweeping economic recovery package in our history.” -- President Obama at the Feb. 17, 2009 signing of his stimulus first stimulus package in Denver.
The deteriorating situation in the Middle East may end up making this election an unexpected battle over foreign policy.
Given the new dangers and uncertainties sewn by the Arab Spring last year, particularly the emboldened regime in Iran and the anxiety in Israel, the chances for a regional conflagration are higher now than at any time since U.S. troops, now withdrawn, invaded Iraq in 2003.
That could bring $5 gasoline, economic disruption and a severe testing of old alliances.
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