Senior Fellow John R. Bolton "The reports of my death have been greatly exaggerated," once wrote Mark Twain. "Greatly exaggerated" also described the repeated, periodic predictions of American decline. Indeed, from the very moment of Independence, there have been those predicting America's demise, decline or irrelevance. The only variation is whether the eclipse of the United States will be produced by its own shortcomings or the unmatchable superiority of those doing the eclipsing. Betting against the United States--a sport even many Americans engage in--may be popular, but is has never proven profitable. Nor will it as long...