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Economy

Jobs and the Nation

Two mighty Superpowers confronted each other in a four decades old cold war till a scant year or so ago with enough bang in their arsenals to blow the world up many hundreds of times over. Though the former Soviet Union’s weaponry is still intact for the most part in 12 or so different hands, the only effective Head Honcho left is the USA. As the clear winner of the cold war, George Bush would be expected to be riding high in the esteem of his own electorate. In addition to the demise of the Soviet Union, President Bush had orchestrated the world campaign, barely a year or so ago, to oust Iraq from Kuwait. His spectacular successes in foreign policy initiatives have been dwarfed by the spectre of continuing recession, jobs are more important to the US public than the fate of Gorbachev, Yeltsin or Saddam Hussain. The same factor of economics that was primarily responsible for consigning the Soviet Union to oblivion is now threatening to erode his candidacy for a Second Term. If the populace seems unduly ungrateful, it only seems to confirm man’s over-riding and pragmatic concern for one’s own self-interest.

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