The “rebalance” isn’t working. Washington wants to ensure the survival of an order in Asia where it sits at the head of the table, and China pursues her interests in a way her neighbors can live with. But that hope is slipping away. To give us the best chance of the United States maintaining a strong and sustainable position in Asia, President Obama needs to decide what he really wants, and what he can live without. In his West Point speech last week, we saw a glimmer of that realization from the president.