Monday, October 29, 2007

Krugman On Islamofascismcaliphatism

Fearing Fear Itself - New York Times: "...Beyond that, the claim that Iran is on the path to global domination is beyond ludicrous. Yes, the Iranian regime is a nasty piece of work in many ways, and it would be a bad thing if that regime acquired nuclear weapons. But let’s have some perspective, please: we’re talking about a country with roughly the G.D.P. of Connecticut, and a government whose military budget is roughly the same as Sweden’s.

Meanwhile, the idea that bombing will bring the Iranian regime to its knees — and bombing is the only option, since we’ve run out of troops — is pure wishful thinking. Last year Israel tried to cripple Hezbollah with an air campaign, and ended up strengthening it instead. There’s every reason to believe that an attack on Iran would produce the same result, with the added effects of endangering U.S. forces in Iraq and driving oil prices well into triple digits..."

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