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I think that between now and the end of the year, you will see the Bush administration come with a clearly defined "evil" of some sort. Bin Ladin, Iraq, Iran... all of that stuff has become wishy-washy and hard for americans to get behind.
Another 9/11, even a significantly smaller event could be a rally point.
However, as many republicans are trying hard to distance themselves from the President, I think that many of them would get no benefit out of Bush getting a boost by having to react to a terrible tragedy. They don't want to be seen standing up for and standing beside the boy wonder.
The terrorists are also not as stupid as some might think. They may be prefering to wait out the republicans and get a democrat into the whitehouse, which will likely mean more negotiation and less interventionist actions, which allows them to expand quietly. Provided the US finds some way to make relative peace with Iran, the Iraq situation should play out reasonably and get quiet, which would allow the US to slowly withdraw troops as Bush's dictatorship ends.
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