Is America in Decline?

On election Eve, many feel that the most significant choices that lie before us have not been raised by any of the presidential campaigns.

According to official government sources, the country could face a “significant recession” unless it finds a solution to its budget problem. The economy, which is predicted to grow by at least 2.5 percent next year, could shrink instead, leading to an unemployment rate of more than 9 percent. It’s a nightmare scenario that even the International Monetary Fund, normally a proponent of drastic austerity programs, warns against. Behind the fiscal cliff is a gaping abyss into which all hopes for America’s future could disappear. Article

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