2006 brings with it a new set of classes for me, and an impending congressional election for all of us. Other than that, it looks like we are struggling with the same issues. Here are a few themes that we will be carrying forward.
Iraq: As the Bush administration casts its critics as defeatists who want to cut and run, it gives itself room to start the inevitable draw down. As the election approaches, it will be interesting (if morbidly so) to see this how the contest between military and political needs plays out. Today there is word that the cost of the war may top 1 trillion dollars Click Here--
Terrorism: Unless there is a significant terrorist attack in the US this year, we may a shift in the political debate towards a consideration of the size of the threat versus the costs of the protection. If so, I doubt it will be a thoughtful and reasonable debate, but rather will be akin to debating abortion or gun control. (I often hope I'm wrong on these things.)
Economy: The numbers say that US economy is in good shape but people are fairly pessimistic. Which is right? Though I usually side with the numbers, the ballooning deficit and looming Social Security crisis are real problems in need of solution. Unfortunately, it is unlikely that we will see a solution in 2006.
Globalization: For an academic, the resurgence of socialism is a real riveting event (something worth getting a bowl of popcorn for). This will bear close watching. A good place to start is the opinion piece by Michelle Bechelet at Click Here-
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