Is America growing politically unstable?
By James Pethokoukis
Is America becoming less politically stable? A glance at some foreign newspapers would certainly give that impression. This is an important economic question. The global primacy of Treasury bonds and the dollar stems mostly from the nation’s massive economic might. But confidence in U.S. political stability also plays a role. The shooting of Arizona Congresswoman Gabrielle Giffords, though tragic, shouldn’t alter those perceptions – unless freedom of speech suffers.
Amateur criminal psychologists in the Democratic Party and liberal punditocracy have been quick to blame conservative political rhetoric for helping nudge an unbalanced 22-year-old into acting on his murderous impulses. Pointed charges have been flung at the Tea Party movement and at Sarah Palin. In 2008, her political team created an online map that featured 20 targeted Democratic congressional districts identified by crosshairs, including that of Giffords.