A Marquette University economist says if the U.S. proceeds with “limited” strikes against the Syrian regime, there could be some short-term uncertainty in the economy – both nationally and in Wisconsin.
Dr. Abdur Chowdhury expects no long-term uncertainty, unless the strikes are prolonged or a war breaks out. He adds that much like the crisis in Egypt, the events in Syria will have a tremendous impact on foreign oil prices.
If there is a green-light on limited strikes, expect gas prices back home to go up.
President Barack Obama is seeking international support to strike Syrian President Bashar Al-Assad.
While there's mounting pressure from Russia and other world leaders against military strikes, the U.S. says there's indisputable evidence of chemical weapons used against rebel forces and civilians in Syria.