Finally, the GOP is returning to realism on foreign policy

But the larger point is that sometimes parties step away from themselves, stop being what they are. The Democrats are doing it now, in their soggy interventionism in Libya. So it’s especially good to see the Republicans start to return to themselves, to their essential nature as a party, which was invented to be genially sober, like Lincoln, optimistic but not unrealistic, like Reagan, and accepting that life has limits and it’s not unpatriotic to say so…

We are as a nation, on paper, almost bankrupt. Or bankrupt, depending on how you judge. Among the Republican candidates for president, there is a growing awareness that America does not have a foreign policy unless we have the money to pay for it. We do not have an army unless we can fund it. We do not have diplomacy and a diplomatic structure without money. We do not have alliances and friendships sealed by aid without money. We do not go forward and impress the nations with our values, might and leadership without money.

We cannot lead, or even be an example, without money. And we are out of it. Therefore, reordering our financial life and seeing to our financial strength is the single most constructive thing we can do to create and maintain a sound U.S. foreign policy. If we want to be safe in the world, we must be sturdy at home.