The Foreign Policy Initiative folks write:
Is the United States now on a path to becoming a much diminished global power? Unless the President and Congress work together to quickly change the Pentagon’s new trajectory, the answer is "Yes."
In a press conference yesterday, President Barack Obama and Defense Secretary Leon Panetta unveiled Sustaining U.S. Global Leadership: Priorities for the 21st Century Defense, a strategic guidance document to reorient America’s long-term national security planning. What’s deeply troubling, however, is that the Pentagon is having to map out its future amid grave uncertainties both domestically and abroad.
First, the Department of Defense is being asked to protect America’s national security and international interests not only with greatly constrained financial resources, but also in the face of an increasingly dangerous world.
At the core of the President’s new strategic defense guidance is the belief—or, rather, the hope—that in the future the United States will not have to fight more than one major war at a time. Unfortunately, the evolving security environment does not lend itself to such rosy optimism. Indeed, the United States could find itself involved in many foreseeable—and unforeseeable—conflicts in the future.
Whole thing here.