Economics a bigger threat than terrorism

Via US News:

President Obama’s senior intelligence adviser says that the world financial crisis has surpassed terrorism as the country’s “primary near-term security concern,” pointing to unrest in countries around the world as commerce stumbles. It was an unusual briefing by the new Director of National Intelligence Dennis Blair, who was briefing Congress on the U.S. intelligence community’s annual threat assessment, which in the past has usually focused heavily on issues like Iranian nuclear weapons and progress in the global effort against terrorist groups. “Time is probably our greatest threat,” Blair said. “The longer it takes for the recovery to begin, the greater the likelihood of serious damage to U.S. strategic interests.”

I wanted to write my essay on economics this weekend but I may have something that is a higher priority get in the way.

I’ll get to the economics eventually. It’s really, really important. Here and here are some short courses to get yourself up to speed.


One thought on “Economics a bigger threat than terrorism

  1. I’d have to agree with them, to a point. Terrorism and protecting the country is still a prioirty, but the threat has been blown out of proportion by the Bush administration. The coming depression will adversly effect more American lives than any terrorist attack and its effects will be longer lasting.

    I also do not think the current administration has the skills to deal with either threat effectivly.

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