Despite a decade of costly and indecisive warfare and mounting fiscal pressures, the long-standing consensus among American policymakers about U.S. grand strategy has remained remarkably intact. As the presidential campaign made clear, Republicans and Democrats may quibble over foreign policy at the margins, but they agree on the big picture: that the United States should dominate the world militarily, economically, and politically, as it has since the final years of the Cold War, a strategy of liberal hegemony. The country, they hold, needs to preserve its massive lead in the global balance of power, consolidate its economic preeminence, enlarge the community of market democracies, and maintain its outsized influence in the international institutions it helped create.
To this end, the U.S. government has expanded its sprawling Cold War-era network of security commitments and military bases. It has reinforced its existing alliances, adding new members to NATO and enhancing its security agreement with Japan. In the Persian Gulf, it has sought to protect the flow of oil with a full panoply of air, sea, and land forces, a goal that consumes at least 15 percent of the U.S. defense budget. Washington has put China on a watch list, ringing it in with a network of alliances, less formal relationships, and military bases.
The United States' activism has entailed a long list of ambitious foreign policy projects. Washington has tried to rescue failing states, intervening militarily in Somalia, Haiti, Bosnia, Kosovo, and Libya, variously attempting to defend human rights, suppress
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