When
Mr.Bush left the Presidential office, the US economy was in shambles and debt
almost 100% of the GDP. Obama took over and was often taunted as Mr.Good but
for nothing as he really hasn’t done much. But, low and behold, that has worked
for the best and the proof is in the pudding - the US economy has bounced back.
Actually if
the US keeps out of wars around the world, that is enough for its economy to do
well. The key reason is that the economy is mature, sound and competitive and
does not depend much upon the state. If the government does no harm, the
economy can take care of itself.
Not
interfering in or invading or attacking a myriad nations is at the heart of the
American revival story. At a time when most developing economies are facing
pressures of one kind or the other like the Chinese stock market crash or the
Indian Rupee depreciation, investors are turning back to the US economy once
again. While Ben Bernanke and Tim Geithner have done smart financial management
too, the economy has really bounced back on its own strength. It is the one and
only true market economy and that keeps it competitive and still leads the
world in innovations.
However
now, Mr. Obama is considering attacking Syria and the same set of bally allies
–the UK and France are backing him up. Have they forgotten Iraq? It will be
another mess like that. Overthrowing dictators is easy but dealing with power
struggles and chaos thereafter is not. It was easy to start wars in
Afghanistan, Iraq etc. but oh so difficult and “costly” to get out of them. Or
have they forgotten? Or may be it is just “an itch” – like an American
president doesn’t feel like a president unless he has attacked a country or
two.
After the
‘Bull in a China shop’ Bush term, really Mr.Obama’s do-nothing-ism has yielded
great returns to America. He should not give up that strength.
Yes
countries like Syria have to resolve their civil wars but maybe they have to do
it on their own. While sanctions, media pressure etc. are good tools, direct
Western military intervention will only create a bigger mess. I do not remember
when last Western intervention in the Middle East has yielded any positive
results. So, why will Syria be any different?
Thinking war Mr.Obama, think again!!


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