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Fareed Zakaria: Can everyone please take a deep breath?
It's 1938, says the liberal columnist Richard Cohen, evoking images of Hitler's armies massing in the face of an appeasing West. No, no, says Newt Gingrich, the Third World War has already begun. Neoconservatives, who can be counted on to escalate, argue that we're actually in the thick of the Fourth World War. The historian Bernard Lewis warned a few weeks ago that Iran's president, Mahmoud Ahmadinejad, could be planning to annihilate Israel (and perhaps even the United States) on Aug. 22 because it was a significant day for Muslims. ...
To review a bit of history: in 1938, Adolf Hitler launched what became a world war not merely because he was evil but because he was in complete control of the strongest country on the planet. ...
Iran does not even rank among the top 20 economies in the world. The Pentagon's budget this year is more than double Iran's total gross domestic product ($181 billion, in official exchange-rate terms). America's annual defense outlay is more than 100 times Iran's. Tehran's nuclear ambitions are real and dangerous, but its program is not nearly as advanced as is often implied. Most serious estimates suggest that Iran would need between five and 10 years to achieve even a modest, North Korea-type, nuclear capacity.
Washington has a long habit of painting its enemies 10 feet tall—and crazy. ...
One man who is greatly enjoying being the subject of this outsize portraiture is Mahmoud Ahmadinejad. ....
Iran is run by a nasty regime that destabilizes an important part of the world, frustrates American and Western interests, and causes problems for allies like Israel. But let's get some perspective. The United States is far more powerful than Iran. And, on the issue of Tehran's nuclear program, Washington is supported by most of the world's other major powers. ... We can contain Iran.