A number of us at Stand for Israel disagree with this piece. But it’s author, Max Boot, is a serious analyst whose opinion we respect and SFI isn’t interested in being merely an echo chamber. Boot’s central thesis is that Egypt’s economy will collapse without cash support from the U.S. and that such instability will create more radicalism and more terrorism.
But ask yourself this: Is Egypt likely to produce more or fewer terrorists if its economy collapses? The question answers itself, and to the extent that an emergency infusion of cash from the U.S. and IMF can tide over the Egyptian economy for a while, it is likely to promote stability and deter the potential radicalization of Egyptian youth. It may even buy time for the new Muslim Brotherhood government to implement some of the free-market reforms it promised during the campaign, if it is so inclined and if it can overcome intense internal resistance from many sectors including the army.
Read the entire article here, in Commentary.