The world is a complex place. Looking for blame or praise for either 'side' is easy.
As far as the economy goes, there's many positive indicators too. While 6.1% unemployment seems bad, it's twice that in most other industrialized nations. How about inflation? How about none. Interest rates? All time lows. This compared to say, the wonderful Carter administration, which had double digits for all three I believe. Today's economy is hardly worse than that.
With globalization, immigration patterns, and technology it's hard to compare the current economy to the past.
As far as Iraq goes, it's way too early to figure out how this will play out. The U.N. *IS* irrelevant right now, the French and German government cling on to it so they can think they're important when they are irrelevant too. They are not powerful nations, but they still think they are. They resent the power of the U.S. and want to do anything possible to limit its power.
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