As noted previously, the U.S. had tangible and significant opportunities to build a better relationship with Russia, create a managed framework to assure the protection of U.S. interests and allies with regard to China, lay a framework that encouraged stability in strategically important areas in the Mideast, conclude a mutually acceptable missile defense framework with Russia, among others. Unfortunately, very little progress has been made in those areas. Worse, a better outcome was not just possible, it should have been attained.
Needless to say, all the blame does not rest with the current Administration. Senators Graham's and McCain's "hotdogging" it in Egypt complicated things and likely made a contribution to the transitional government's attempt to settle things on its terms. Their insulting the transitional prime minister on grounds that he wasn't elected, trying to dictate terms of a settlement with no attempt at understanding the plight of the transitional government and the enormous challenges it faces, and naive assumption that a coalition government could make Egypt's security problems disappear all worsened things. That the two senators chose their own ad hoc foreign policy formulation is just another sympton of the nation's foreign policy's increasingly lacking a strategic design or purpose.
In the long-run, that approach is not sustainable without putting American interests at risk.