Pres­i­dent Oba­ma and his Admin­is­tra­tion have been pro­claim­ing for weeks that the Rus­sians would suf­fer if they didn’t with­draw from Crimea.

They haven’t with­drawn.  They’re not suf­fer­ing.  Now what?

Vladimir Putin seems once again to have pre­vailed, annex­ing Crimea with­out mil­i­tary or eco­nom­ic reprisals of con­se­quence.  Our government’s veiled threats of mil­i­tary action and explic­it warn­ings of deep eco­nom­ic pain have thus far proven emp­ty, though both the US and Europe are expect­ed to add to the list of Rus­sians on whom it will impose trav­el and finan­cial restric­tions. The cri­sis may soon wind down, but we can expect anoth­er in a few months when new elec­tions are to be held and bills come due for a Kiev gov­ern­ment on the edge of bank­rupt­cy.  The Admin­is­tra­tion should han­dle this next cri­sis differently.

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