Is US Foreign Policy Falling Behind?

In light of the recent American foreign policy debate, I thought it would be interesting to see what Germans are saying about the subject. In an article from Der Spiegel titled "Debate Reveals Outdated US Foreign Policy", both Romney and Obama were bashed for their outdated, Bush era, stance on foreign policy. The article stated that they were not focusing on important, new global challenges such as green technology and the rise of Asia, but instead still stuck in a world order created by the Bush administration that focused on the Middle East.
    From an American perspective I found this idea completely new. I had just assumed that because the US was so focused on the Middle East, so was the rest of the world. Instead I was caught completely unaware by the idea that what the US considered some of the most pressing issues in foreign policy were outdated. This lead me to wonder what this could mean for the US as a global power if many of the world's other countries consider it to be wrapped up in problems of the past. What do you think?