I hope I'm wrong, but I am afraid that Iraq is going to turn out to be the greatest disaster in American foreign policy - worse than Vietnam, not in the number who died, but in terms of its unintended consequences and its reverberation throughout the region.
In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth.
My uncle, who was a little more flamboyant, always said the guy who dressed the best was Fred Astaire.

