I lived in Jerusalem, Israel, for two happy years, and much of my work ever since has involved U.S.-Israel relations. I should know better, yet still I am surprised at the rending of garments and apocalyptic predictions pouring forth from western pundits over something that will not change a single stone in the holy city, or a single person’s access to its holy sites, or a single border—and that overwhelming majorities of Congress and virtually every president and presidential candidate has endorsed for decades. Chalk it up in part to the hysteria that has characterized our political debates in the...