With the news that the Swedes are cutting tax rates to promote growth and the election results in Germany moving that country solidly to the center-right, I have to think that Europeans may be getting a little nervous. The Obama-led American retreat from world leadership is going to demand more responsibility from the Euro-weenies.
Can this be all bad? I don't think so. During the Bush years and all the whining from "spoiled teenager-like allies" about Iraq and American unilateralism, several sober observers suggested that we withdraw out military from western Europe and parts of Asia, and let the whiners go it alone. Isn't that what is happening now, albeit not out of outrage at the ingratitude of other states, but from our own narcissism?