Thomas P.M. Barnett discount-happy?

Thomas P.M. Barnett :: Weblog: Hedging China the wrong way: “I fear American foreign policy will be largely useless between now and January 2009. Again, the discounting is coming with a vengeance. Everyone is making their plans for what comes next. Thus, the irrelevancy of U.S. foreign policy will grow immeasurably in coming months.”

So we’re discounting 3 years ahead? Absurd thinking. Especially considering that Bush 43 has done more to demonstrate the power of the President in office than virtually any other President.