Colleagues at the U.S. Army War College recently published a piece making important arguments that largely echo the competitive approach emphasized in the Trump administration’s new National Defense Strategy (NDS). They correctly argue that U.S. strategy since 9/11 has been obsessively focused on counterterrorism and that U.S. military power has been drained by exhausting and largely unproductive deployments in Iraq and Afghanistan. Their conclusion, however, that this has left the United States at a distinct disadvantage with respect to the revisionist powers of Russia and China, is exaggerated. Moreover, an imbalanced U.S. strategy that is excessively reliant on military force fails to capitalize on America’s significant advantages in the non-military instruments of power. Furthermore, an overemphasis on building ever more offensive military capacity risks provoking even more aggressive counterbalancing by adversaries that will ultimately lead to a self-fulfilling and dangerous security dilemma, in which the international system and the United States will actually be less secure. Finally, a more muscular military strategy will do little to address the central challenges posed by Russia and China as they expressly avoid directly confronting U.S. military strengths and instead seek asymmetric advantages in the “gray zone” below the threshold of open military conflict.