Despite the rush right now to declare important milestones or turning points in the fight against terrorism, the best handle we can get on the situation seems to be that al-Qaida is near dead, but its franchises have quite a bit of life in them. The implied situational uncertainty is to be expected following Osama Bin Laden's assassination, as he was our familiar "handle" on the issue for more than a decade. But although it is normal that we now seek a new, widely accepted paradigm, it is also misguided: In global terms we are, for lack of a better term, in a good place right now on terrorism, meaning we don't need to unduly demote or elevate it in our collective threat priorities. Instead, we need to recognize the "sine wave" we're riding right now and seek no profound rebalancing in our security capabilities -- other than to continue protecting the "small wars" assets that we spent the last decade redeveloping.
Read the entire column at World Politics Review.