This post from Stratfor points out that the US faces much less stressful challenges than the EU or China or Iran. So, the re-elected President Obama faces a world where the US’s hand, vis-a-vis other Powers, is strengthening rather than weakening.
I really don’t get the angst about President Obama’s foreign policy. Yes, he has been less friendly to Israel, but that is likely to be, if anything, helpful in wider Middle East policy. Yes, he should have been stronger in supporting the Green Revolution in Iran, but that is partly a learning curve matter, including trying too hard to be different from the preceding Administration. (And the intervention in Libya strikes me as a backhanded way of saying they got it wrong in Iran.) Hillary Clinton is a popular Secretary of State for good reason. But, really, he has prosecuted the anti-jihadi war vigorously, Libya is now ex-Qaddafi and the al-Assad have too much to worry about back in Syria to play games elsewhere. Even better, Iran has over-committed its dwindling resources in propping the al-Assad regime up which are making sanctions more effective.
There are issue about Executive power overreach, but that is a hardy perennial in war, particularly a struggle as inherently legally murky as the jihadi war. Yes, the US has more debt than it should, but that is because the President listened to Larry Summers (who believed monetary policy had no options) and so did not make timely and helpful appointments to the Fed Board which could have allowed Ben Bernanke to do more quicker. (Leaving Fed positions vacant for months was criminally stupid: not a mistake any Oz Government would make with the RBA Board.) And doing yourself strategic damage through getting monetary policy wrong has been done before — notably by the UK during the interwar period.
Meanwhile, the US dominates world military spending — it spends wildly more than enough to defend itself; whether it spends enough to manage the global system is more moot, but see original point about improving relative position. Given that the US spends more on military R&D+Testing and Evaluation than the total military budget of any country except China, its qualitative and quantitative superiority is not going away anytime soon. While the upside of the Iraq and Afghan Wars is that the US’s ground and air forces remain battle hardened. (China’s last serious outing was a less than stellar performance on the ground against Vietnam over 40 years ago.)
So, a relatively comfortable global situation. Perhaps it is not so surprising that Ben Affleck has apparently produced a fine thriller that has CIA officers as good guys and portrays the Iranian regime as the terroristic thugs they are.