Saturday, March 20, 2004

Toldja so

During the peace march in SB today, one of our most popular chants was, "We told you so!" The fact is, everything evil that would result from invasion of Iraq--according to those who objected to it--is coming to pass. A nightmare in Iraq itself, the spread of terror elsewhere, the anger of the Muslim world, the alienation of our traditional allies, a huge expense in American and Iraqi lives, and American dollars.
Now, my own chant, to the same effect: The rising price of oil, due in part to the weak dollar, causing inflationary prices, rising in an economy that's dormant. Deflation.

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