I would like to test a proposition with this distinguished audience. It seems increasingly clear that Biden is not going to accept the "reset" formulation and simply try to return U.S.-Chinese relations to the proper path, as the Chinese propagandists have urged. For a while, it seemed that Big Tech and Wall Street would be able to push the administration into a business as usual posture. But Biden's appointments and his supply chain initiative suggest that the intellectual and policy ground has shifted. The fact that were was such strong bipartisan support for analyzing and safeguarding critical supply chains is revealing. That could be more effective and powerful than any of Trump's tactics, which were aimed at dominating the news flow and did not address any of the deeper fundamentals. What does this crowd think?