If the budget deficit cripples the government for the forseable future, it won't matter what happened in the middle east.
I suppose he has a chance, but it depends if our world image goes up.
Deficits are a partisan attack to divert attention. They are not remembered, or even cared about as soon as the other party gets a man in office. I guarantee, that unless the Democrats nominate someone to the right of John McCain on economic issues, the deficit will stay the same, or even get bigger. The deficit will not go away unless we do one of three things. We can (A) cut the defense budget; (B) drastically raise taxes; or (C) privatize masses of government programs. Facts are, when the checks come due for Medicare, SS, Medicaid, etc 20, 30, 40 years down the road, there won't be anything left to pay it with. Eventually, history will see FDR as the cause of one of the largest economic collapses in US history.
B with a sprinkle of A would be a great start.
If it weren't for FDR, half of the seniors in this country would be in poverty. We can thank him for that. We can pay for this stuff, but not if we insist on lowering taxes and spending billions of dollars in Iraq.