Why Obama won't attack Iran.
George Friedman speculates that Obama may launch an attack on Iran following a drubbing at the polls next week:
'Iran is the one issue on which the president could galvanize public opinion. The Republicans have portrayed Obama as weak on combating militant Islamism. Many of the Democrats see Iran as a repressive violator of human rights, particularly after the crackdown on the Green Movement. The Arabian Peninsula, particularly Saudi Arabia, is afraid of Iran and wants the United States to do something more than provide $60 billion-worth of weapons over the next 10 years. The Israelis, obviously, are hostile. The Europeans are hostile to Iran but want to avoid escalation, unless it ends quickly and successfully and without a disruption of oil supplies. The Russians like the Iranians are a thorn in the American side, as are the Chinese, but neither would have much choice should the United States deal with Iran quickly and effectively. Moreover, the situation in Iraq would improve if Iran were to be neutralized, and the psychology in Afghanistan could also shift.If Obama were to use foreign policy to enhance his political standing through decisive action, and achieve some positive results in relations with foreign governments, the one place he could do it would be Iran. The issue is what he might have to do and what the risks would be. Nothing could, after all, hurt him more than an aggressive stance against Iran that failed to achieve its goals or turned into a military disaster for the United States.
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Friedman does an able job running down the costs and benefits of such an attack. One of the reasons I think it's unlikely is the same one Friedman notes at the start of his piece: Obama is a domestic president and the economy's health (or lack thereof) is his paramount concern. A prolonged spike in oil prices following large scale hostilities in the Persian Gulf is not exactly what a fragile economic recovery needs.
It's also hard to square the idea of President Obama agreeing to a strike on Iran when it's clear he is eager to unwind America's conflicts in the region.