perfidy

Many Democrats seem to be hoping that the economy tanks, or at the very least fails to improve, in order that they may regain power. That hope may be misplaced, in addition to being reprehensible. When the Iraqi oil fields come back on line in the next couple weeks, I think that they will be running full tilt. All the money will go into the Iraqi college fund, or whatever they're calling it. But the real benefit will be plummeting oil prices, and sticking a knife in OPEC. If Iraqi oil production maxes out, oil prices will be sub $20/barrel in a matter or weeks. This will be a massive shot in the arm for the American (and world) economy, equivalent to a tax cut much bigger than the one we actually got. Between the low oil prices, and the tax cut, I think we will see real improvement.