"A unilateral attack from Israel . . . would be a grave mistake for all the reasons made plain by Meir Dagan and so many others. It is terrible enough to imagine what might happen if Iran came to possess a bomb; but an attack now would almost certainly lead to a tide of blood in the region. The Middle East today is in a state of fragile possibility, full of peril, to be sure, but also pregnant with promise. A premature unilateral attack could upend everything and one result of many would be an Israel under fire, under attack, and more deeply isolated than ever before."
Monday, November 7, 2011
Tuesday, November 1, 2011
Thought of the Day
Important thought of the day, from Brad DeLong:
"The United States economy is, right now, in significantly better shape than the Japanese economy, the British economy, or the European economy. To do best of four major industrial powers in dealing with the Lesser Depression is a significant accomplishment, even though things are much much worse than I would wish--and even though I think Obama's buying of a premature turn to long-run budget balance and of a policy of appeasing the banks at all hazards lest he provoke a full-scale capital strike were bad mistakes."
"The United States economy is, right now, in significantly better shape than the Japanese economy, the British economy, or the European economy. To do best of four major industrial powers in dealing with the Lesser Depression is a significant accomplishment, even though things are much much worse than I would wish--and even though I think Obama's buying of a premature turn to long-run budget balance and of a policy of appeasing the banks at all hazards lest he provoke a full-scale capital strike were bad mistakes."
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