So what? That’s no different an argument than exhorting Americans to buy only American-made cars and trucks. If they want to adopt a policy that will impoverish themselves towards some greater political goal, who are we to complain or even object? They don’t owe us anything more than we owe France. Sure, we liberated them. What’s the statute of limitations on gratitude? Heck, we liberated Europe. How’s that workin’ out for ya on the gratitude index?
And we have the perfect example, right within the region, of a nation that has followed that exact same policy; the subjugation of economic interests to geopolitical interests, in Iran. Even before the recent escalation of sanctions, the country has become a basket case. It doesn’t drill oil wells and it cannot maintain the ones it has, while it has had to import gasoline, for gawd’s sake, for well over a decade. Its standard of living drops consistently and its citizenry is largely discontented, if not more seriously angry. The principle argument against going to war with Iran is that the entire nation is going to economically implode in well under a decade, perhaps within the next five years. That’s not at all dissimilar to what happened to what used to be the USSR, which is now thriving on an economic index we’d have to go back to the 1950s, if not earlier, to emulate.
This is nothing more than politics seeking to utilize economics as a weapon. And so, we should treat it not as an economic matter, but a political one. And the first rule of politics is, when your opponent is in the process of self-immolating his campaign, don’t do anything to get in his way of doing so.