The business recession of the USA is now clear. Unemployment has risen, and personal consumption has been reduced recently. It's said the failure of subprime loan is an important cause. Now trust in stocks and money market has been shaked.
Someone says the economy of China and India has developed strongly, but both countries have still depended on the USA economy considerably. The business recession of the USA will continue for a long time, and the world economy will be damaged seriously.
Now the issue of the presidential election is the economy, not the Iraq War. The failure of subprime loan is an important cause, but basically the war cost (the war chest) is more important. The war cost has damaged the USA economy.
The financial red is huge now. The next president must manage the Iraq War carefully. He (or she) must reduce the war cost. It's withdrawal from Iraq. The situation is complicated. The new president should have the ability to encourage the USA people. It's strong and generous mind, not experience or technique.