No More Time
As usual, the Republicans are in a big hurry. Urgency and technicalities are their main governing principles.
But Republican and Democratic pollsters, economists and operatives said part of the urgency for Bush is tied to his political standing at home. They said the uncertainty related to the war is depressing consumer confidence and postponing the sort of robust economic recovery Bush will need to win reelection.
A Gallup poll this month showed a decline in Americans’ confidence to a seven-year low, with 36 percent satisfied with the country’s direction and 61 percent dissatisfied. It is a decline that began in December 2001. The ABC News-Money magazine’s gauge of consumer confidence released this week showed that 23 percent of Americans thought the economy was in good shape, the fewest in more than nine years.
“The number one concern is the impact [Iraq] is having on the economy and the harness it’s putting around certain sectors and causing negative growth,” GOP strategist Scott Reed said. “It’s reaching into all nooks and corners, and causing great concern in both corporate boardrooms and small businesses and their bankers.”
If consumer confidence and employment are not growing substantially by early next year, Bush’s reelection could be jeopardized…
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Analysts said a further delay also poses risks to Bush’s political standing that go beyond the economic. In the most recent poll by the nonpartisan Pew Research Center, 54 percent of Americans approved of his job performance, 3 percentage points higher than in August 2001. At the same time, narrow majorities of Americans favor military action against Iraq without allied support. Both gauges will jump once hostilities begin, but “the question is how long it’s going to last,” poll director Andrew Kohut said.
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Since last year, administration officials have said the weather would be too hot to launch an attack after early spring. But in recent weeks, defense officials have said that is less of a concern than originally believed and that another month’s wait could be tolerated.
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well, well, well.