North Korea now has an intercontinental ballistic missile (ICBM) capable of delivering a nuclear weapon to the United States, as demonstrated by their successful launch and orbiting of a satellite on Dec. 12. Certain poorly informed pundits among the chattering classes reassure us that North Korea is still years away from being able to miniaturize warheads for missile delivery, and from developing sufficiently accurate missiles to pose a serious nuclear threat to the United States. Philip Yun, director of San Francisco’s Ploughshares Fund, a nuclear disarmament group, reportedly said, “The real threat from the launch was an overreaction that would lead to more defense spending on unnecessary systems. The sky is not falling. We shouldn’t be panicked.”To read more, click here.