Is the United States as well as its president on the wane as an influence around the globe? Washington Post columnist Richard Cohen argues as much. "In the Middle East, nothing Obama has done has made much of a difference. In Europe, the euro teeters," he writes. Russia "shrugs off American complaints and moves progressively backward." And "we owe Beijing money. We buy China's goods. We respect its growing might. We rue our diminishing power. We muffle our concern over human rights. We are a superpower. But against what?" he asks, noting that "America invaded Iraq. Saddam is dust. But that brief war is now in its eighth year." If we don't like losing clout, he writes: "We can spend less, tax more, abjure wars of choice, reform Congress and stop confusing the celebrity of the presidency with actual power." None of which seems likely.