Should America continue with the present goal of creating a global democracy?

This agenda began with Woodrow Wilson in 1914 as a result of his decision to enter the first world war. He made it the offical policy of the U.S. government to work to create a global democracy with the U.S. as it's leader. The League of Nations failed, the United Nations is a joke with 5 of it's members having absolute veto power, and we are becoming the most despised nation on the planet which means we will never be the chosen leader of the global democracy we are trying to create. Isn't it time to change our foreign policy and focus on making America an even better place to live?