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Frederick Kagan: Security Should be the Deciding Issue

As the scale of the economic crisis becomes clear and comparisons to the Great Depression of the 1930s are tossed around, there is a very real danger that America could succumb to the feeling that we no longer have the luxury of worrying about distant lands, now that we are confronted with a"real" problem that actually affects the lives of all Americans. As we consider whether various bailout plans help Main Street as well as Wall Street, the subtext is that both are much more important to Americans than Haifa Street.

One problem with this emotion is that it ignores the sequel to the Great Depression -- the rise of militaristic Japan marked by the 1931 invasion of Manchuria, and Hitler's rise to power in Germany in 1933, both of which resulted in part from economic dislocations spreading outward from the U.S. The inward-focus of the U.S. and the leading Western powers (Great Britain and France) throughout the 1930s allowed these problems to metastasize, ultimately leading to World War II.

Is it possible that American inattention to the world in the coming years could lead to a similarly devastating result? You betcha.

When Franklin Roosevelt replaced Herbert Hoover in the White House, the country's economy was in shambles but its security was not threatened. No American forces were engaged in significant military conflict; America faced no threats. The U.S. was largely disarmed militarily and disengaged internationally.

Yet within a decade, American territory had been attacked for the first time in 130 years, a massive rearmament program was underway, and the U.S. was fighting a desperate struggle that spanned the globe and ultimately cost the lives of nearly half a million American service members. The seeds of that global conflict, unimaginable in 1933 given the relative weakness of Germany and Japan, were planted in the first years of the Roosevelt administration as FDR focused on the American economy.

Hoover had the distinction of being the last American president who did not command American troops in important conflicts. After FDR, Harry Truman and Dwight Eisenhower led the war in Korea that ended up shaping East Asia and the global economy profoundly....

Read entire article at WSJ