We discuss supersymmetric SU(2) gauge theory with a single matter fiel
d in the I = 3/2 representation. This theory has a moduli space of exa
ctly degenerate vacua. Classically it is the complex plane with an orb
ifold singularity at the origin. There seem to be two possible candida
tes for the quantum theory at the origin. In both the global chiral sy
mmetry is unbroken. The first is interacting quarks and gluons at a no
n-trivial infrared fixed point - a non-Abelian Coulomb phase. The seco
nd, which we consider more likely, is a confining phase where the sing
ularity is simply smoothed out. If this second, more likely, possibili
ty is realized, supersymmetry will dynamically break when a tree level
superpotential is added. This would be the simplest known gauge theor
y which dynamically breaks supersymmetry.