Today the President announced the intended withdrawal of American troops from Iraq.

While I am grateful that he seized this moment to salute our military and briefly recognize the most-overlooked hero in the recent happy turn of events in Iraq, Ryan Crocker, the President took great pains NOT to characterize the wind-down to this six-year conflict as anything resembling success.

Even as this President inherits a world in crisis, ironically, we can point to Iraq as one of the few areas of the world in which the situation on the ground is greatly improved over its condition eight years previous. President Obama can rest a little bit easier each night knowing that Iraq no longer poses a grave threat to American interests or regional security; in fact, the new Iraq, incredibly, today stands out as one of the few bright spots in an extremely troubled Middle East.

An Aside: the implicit trade off seems to be that President Obama will allow Secretary Gates and Generals Petraeus and Odierno to hammer down the hard-won victory in Iraq--as long as no one mentions that inconvenient fact publicly. We'll take that deal.

One more thing: for years we have heard the opposition harangue President Bush over the cost of the war in terms of blood and treasure.

The human cost has been high (over 4250 American soldiers killed in action).

However, the projected trillion-dollar price tag for the transformation of Iraq, relative to the events of the past month, suddenly seems like a drop in the bucket.