The Decline and Fall of America’s Decline and Fall
Fears of American decline have occurred in every generations since the US emerged from World War II as a superpower. But, with America’s debt on a path to equaling its national income in a decade, and a fumbling political system that cannot seem to address the country’s fundamental challenges, are the "declinists" finally right?
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CAMBRIDGE – The United States is going through difficult times. Its post-2008 recovery has slowed, and some observers fear that Europe’s financial problems could tip the American and world economy into a second recession.