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I am returning to America after a gap of nearly five years, and it seems that I am in a nation in palpable decline. In the mid-1990s, when I was an undergraduate at Columbia University, the dollar was strong, the stock market was booming, and New York was the vibrant centre of the world's art and finance. Now, after eight years of George W Bush's presidency, a real sense of long-term national decline is setting in. One of the year's best-selling books was Fareed Zakaria's The Post-American World.
The economy is in recession and crime is rising. The infrastructure of the United States—hospitals, schools, local transportation—is sorely crying out for new investment, but the country has bankrupted itself in Iraq. As one left-wing American pastor recently said: "America's chickens are coming home to roost."
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The Post-American dream-Review-Sunday Specials-Opinion-The Times of India
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