By Columnist Charles Payne
Of course, all week long the main distraction for the market was America’s next move with respect to action in Syria.
I don’t see bombing the place as having an economic impact on the nation, but there feels as if a heavy psychological toll has already taken place. What had to look like low-hanging fruit a week ago is yet another albatross around the neck of our Commander in Chief.
No boots on the ground, no oil shocks, no military retaliation ... no problem, right?
As it turns out there is still no appetite for war, even one fought with cruise missiles and drones. While some pundits will say this is the aftermath of failure in Iraq the truth is we haven’t been so lucky in war in a long time. Moreover, where’s the credibility when doves became hawks because they now have all the toys at their disposal? Calling it “my army” certainly didn’t help the president’s cause, and then belatedly inviting Congress in on the deal only made matters worse. It remains to be seen what happens with Syria and what our involvement will be.
It does feel as if what’s happening with foreign policy is just like domestic policy. A “my way or the highway” approach has left the nation bitterly divided and plodding along at a tiny fraction of our potential. What we have left in the aftermath of poor governing is apathy for as far as the eye could see. Indifference among the populace on virtually all aspects of life coupled with real apathy among young people in particular taking a toll. Usually wide eyed and optimistic now looking to chill in their parents’ basement for the duration young Americas have finally dropped in and tuned out.
We don’t have to fight a war even with remote controlled drones and missiles launched from sea, but we better get back into fighting mode before it’s really too late.
Charles V. Payne is a regular contributor to the Fox Business and Fox News Networks. Charles is also the Chief Executive Officer and Principle Analyst of Wall Street Strategies, Inc. (WSSI), which he founded in 1991.