Informed Comment
NYT columnist Tom Friedman's column, "9/11 is over," sounds the death knell for the Neoconservative use of 9/11 and is in particular an attack on Rudy Giuliani.
Friedman's main arguments are that the Bush administration's approach to dealing with al-Qaeda has so damaged the US image abroad, has so inconvenienced foreign travelers and visiting business investors, and has so diverted spending from essential US infrastructure such as bridges and airports, that it risks making the US economically backward in a globalizing world.
The column is significant because it argues that Bushism- Cheneyism is bad for business. The United States is the world's foremost business society, and virtually everything in the society (low taxes on the wealthy, no health care for the middle classes and poor, no protections for labor organizers, favoring of certain kinds of international trade over lower middle class job security, etc.) is arranged for the convenience of the business classes. If Friedman's conviction becomes widespread in that community, the pressures to abandon the 'War on Terror' will be irresistible.
[...]In other words, the Iraq War was a business investment, which was a bit of a risk but entirely justifiable at the time (you can hear the nervous CEO explaining to the Board of Directors). But the investment has gone south, isn't working out, and no successful businessman throws good money after bad.
The attack on Giuliani comes because he is still attached to the new acquisition and does want to go on hemorrhaging funds.
It is time, Friedman argues in contrast, to cut our losses and sell off this white elephant of an acquisition (the whole 'War on Terror' including Iraq), which is bleeding money, hurting the firm's image, scaring off investors, and forestalling needed new investments in key growth sectors.
USA, Inc. is moving on.
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