The last time President Obama ambushed Israeli Prime Minister Netanyahu, the Israeli gave as good as he got. This time he turned the other cheek. The reason for this turnabout by the normally combative prime minister tells us everything we need to know about the relative strength of the positions of these two leaders.

While the assumption on the part of most pundits was that Obama has Netanyahu in a corner, the latter’s reaction to the assault the president launched at him in an interview with Bloomberg’s Jeffrey Goldberg this past weekend shows us this isn’t true. Though Netanyahu had to be infuriated by the president’s single-minded determination to blame Israel for the lack of peace as well as his obtuse praise for Palestinian Authority leader Mahmoud Abbas, he felt no need to publicly respond to it. Far from feeling threatened by Obama’s tirade, Netanyahu’s decision to ignore the president’s attack shows that he understands the dynamics of both the peace process and U.S. foreign policy actually give him the upper hand over the weak and increasingly out-of-touch lame duck in the White House.

Obama’s decision to give his faithful admirer Goldberg an interview in which he blasted Israel was odd since it came at a time when the Israelis have shown their willingness to accept Secretary of State John Kerry’s framework for Middle East peace negotiations and the Palestinians have publicly declared the same document to be unacceptable. More than that, the fact that he chose this particular moment to get in another shot at his least favorite foreign leader just when the world was focused on Russia’s seizure of the Crimea and awaiting an American response to this aggression can only be considered bizarre. Not only did this make his attack on Netanyahu seem both petty and personal, it also guaranteed that the international media that might have otherwise have jumped on the story was distracted elsewhere and diminished its impact. But Netanyahu’s seeming dismissal of this broadside shows that Obama is not in as strong a position vis-à-vis Netanyahu as he thinks.

Back in May 2011, Obama chose to give a speech attacking Israel’s stand on the peace process and demanding that it accept the 1967 borders as the starting point for negotiations just as before Netanyahu arrived in Washington. Obama had picked fights with Israel in 2009 and 2010 over Jerusalem and settlements but this was a direct attack on the prime minister. Netanyahu’s response was just as direct. When he met with Obama in the White House, he launched into a lengthy lecture to the president about Israeli security that made it clear to the president that he would not take the insult lying down. Netanyahu doubled down on that the next day when he received more cheers while addressing a joint meeting of Congress than the president had ever gotten.

But this time, Netanyahu chose to ignore the president’s slights. There were no public or even off-the-record remarks from his party expressing anger. And in his speech to AIPAC today, Netanyahu barely mentioned the president.

Though Israel has been squabbling with the U.S. over the direction of the Iran nuclear talks, Netanyahu broke no new ground on the issue in his speech. He restated his concerns about Tehran continuing uranium enrichment during the nuclear talks. But he did not allude to the fact that the U.S. was letting this happen. While he repeated his vow to do anything necessary to defend Israeli security — a veiled threat to attack Iran’s nuclear facilities — he kept his disagreements to a minimum and emphasized the joint concerns of the U.S. and Israel.

With regard to the topic on which Obama had been most critical — the peace process with the Palestinians — there was also no allusion to disagreement with Washington. To the contrary, Netanyahu spoke more about his desire for peace; his willingness to continue engaging in talks with the Palestinians and the advantages that peace would bring to Israel and the entire Middle East. Far from harping on the points where he and Obama disagree about the terms of a theoretical agreement, Netanyahu emphasized a key point where the U.S. had accepted Israel’s position: the need for the Palestinians to recognize Israel as a Jewish state, thus signaling their willingness to end the conflict rather than merely pausing it.

While Netanyahu went on to denounce the BDS (boycott, divest, sanction) movement against as both immoral and anti-Semitic, the key here was a disinclination to use his speech to engage in a tit-for-tat battle with the administration. Why was that?

Some Obama loyalists may claim that this shows that Netanyahu got the message from the president. It’s likely that Israel’s future participation in Kerry’s talks will be cited by some in this group as evidence that Obama’s spanking of the prime minister worked. But this is nonsense. Given that Israel had already signaled that it will accept Kerry’s framework for more talks, that explanation won’t hold water.

A better reason for Netanyahu’s decision to turn the other cheek is that, unlike the president, the prime minister has been paying attention to the currents currently roiling Palestinian politics and knows that Abbas’ inability to rally his people behind a peace agreement renders any potential U.S.-Israeli arguments moot.

It should be remembered that the net results of the 2011 dustup between the two men was pointless. Despite Obama’s best efforts to tilt the diplomatic playing field in the direction of the Palestinians, Abbas still wouldn’t budge enough to even negotiate, let alone agree to peace terms. The same dynamic is unfolding today with Israel reportedly offering massive territorial withdrawals of up to 90 percent of the West Bank in the secret talks with the PA while the Palestinians are still tying themselves up in knots explaining why they can’t recognize Israel as a Jewish state or give up the right of return.

Far from needing to defend himself on the American stage as he felt it important to do in 2011, Netanyahu now understands that forbearance is the best way to respond to Obama’s provocations. Try as he might to put the onus for the lack of peace on the Jewish state, Netanyahu knows it will always be the Palestinians who say “no” to peace, not the Israelis.

Similarly, as much as he must have been itching to directly take on Obama’s appeasement of Tehran, Netanyahu realizes that it is Iran’s lust for a nuclear weapon that will do more to undermine the administration’s negotiating tactics than anything he can say.

By eschewing any desire to pressure the Palestinians to make peace, the president more or less guaranteed that Kerry must ultimately fail. And by knuckling under the Iranians in the interim agreement signed by Kerry last November, President Obama has also embarked on a path that cannot lead him to the achievement of his stated goals in the current round of talks.

Though Obama’s attacks did real damage to Israel’s position, the prime minister is right to refuse to take the bait. Netanyahu cannot have failed to see that, far from offering him the opportunity to effectively pressure the Israelis, the president is floundering in his second term especially on foreign policy. The most effective answer to Obama’s taunts is patience since events will soon overtake the president’s positions on both the Palestinian and Iranian fronts, as well as in other debacles around the globe that have popped up because of Obama’s weak leadership. Though the disparity in the relative power of their positions inevitably means Netanyahu must worry about Obama’s barbs, the bottom line here is that it is the president and not the prime minister who is in big trouble.