Eric welcomes Eliot back from scenic Lake Champlain where Eliot communed with the spirit of Benedict Arnold. They host Richard Fontaine, CEO of the Center for a New American Security and Ambassador (ret.) Robert Blackwill, the Henry A. Kissinger Senior Fellow in U.S. Foreign Policy at the Council on Foreign Relations. They discuss Fontaine and Blackwell's new book Lost Decade: The U.S. Pivot to Asia and the Rise of Chinese Power (New York: Oxford University Press, 2024). They review the origins and history of "The Pivot" to Asia during the Obama Administration, the reasons that this rebalancing of U.S. power and policy to the East was not implemented, the various efforts to do so subsequently and the reasons that they too did not succeed, the trade-offs among U.S. responsibilities for security in Europe and the Middle East and re-orienting to the Indo-Pacific, the need for a substantial increase in defense spending, the lack of a real trade policy for East Asia, the balance between diplomacy and deterrence and whether or not productive diplomacy with an autocratic regime and leader like Xi Jinping is even possible. https://a.co/d/3VvFaeh Shield of the Republic is a Bulwark podcast co-sponsored by the Miller Center of Public Affairs at the University of Virginia.