Call me cynical but I don't think ranchers have the wolves' best interests at heart. If its left to their 'discretion' I'm pretty sure they will take every opportunity to remove the threat - real or perceived - to their property. Ranchers are not above using traps or poison either, or whatever means they see necessary to eliminating the threat.
To me the Gray Wolf is just as much a symbol of the USA as the Grizzly, Buffalo or Bald Eagle. I cannot understand why people would not want to protect one of their most famous apex predators. I see so many avatars here of wolves, and yet, for the sake of a few bovines, people seem happy to see them vanish once again from the landscape. In a country the size of the USA, is there really not enough space for a few hundred animals the size of a large dog?
I don't believe it's a Western problem, or an American problem, but a universal problem. As long as people are allowed or encouraged to visit each other's countries, wildlife will always be high on the list of 'must see' attractions.
When we visit the USA one day, one destination we will definitely include is Yellowstone, (and Glacier, if I have anything to say about it). To see what the country looked like before it was 'civilised' is a very special privilege, and to have every aspect of that wilderness intact, including the beasts that define the term 'wilderness', is a significant achievement, and the sign of a truly 'civilised' country.
I would ashamed if you were ever to visit my country and there were no Lion, Leopard, Wild dog, Cheetah or Great White Shark for you to see. Believe me, we have the same problems where wildlife conflicts with the never-ending human need for more grazing land, but tourism is too great a source of income for us to even contemplate losing these assets. Perhaps the USA can do without tourism, but its not always about money, is it?
Ranchers should be given more descretion on protecting their livestock without the risk of federal penalties.