Article: UNITED STATES SQUANDERING ITS FORTUNE IN FOREIGN POLICY POWER.(Editorial)

In the conduct of foreign policy, the United States today resembles an eccentric, wealthy geezer who has amassed a fortune but forgotten why, who is rapidly losing the will and ability to get out of the mansion and spend his treasure usefully.

The fortune in this case is global power - military, political and diplomatic power, supported by the country's uncontested economic vitality. The Republican-led Congress and the Clinton administration have joined in unwitting conspiracy to spread confusion abroad about America's purpose and potency in the post-Cold War world.

This confusion is most vividly illustrated by the tangle of good intentions and bad ...

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