America needs a president who can revitalize the country's purpose and standing in the world and defeat terrorist adversaries who threaten liberty at home and abroad. There is an enormous amount to do. The next U.S. president must be ready to show America and the world that this country's best days are yet to come and be ready to establish an enduring peace based on freedom.

It can, but only if U.S. officials start to think clearly about what success in the war on terror would actually look like. Victory will come only when Washington succeeds in discrediting the terrorists' ideology and undermining their support. These achievements, in turn, will require accepting that the terrorist threat can never be eradicated completely and that acting as though it can will only make it worse.

After 60 years of U.S. domination, the balance of power in Northeast Asia is shifting. The United States is in relative decline, China is on the rise, and Japan and South Korea are in flux. To maintain U.S. power in the region, Washington must identify the trends shaping this transition and embrace new tools and regimes that broaden the United States' power base.