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Five reasons American decline appears irreversible

Republican presidential candidates often warn that America is in decline and that only they can stop it. Former President Donald Trump thinks so. National decline has stopped It will be suspended for the duration of his term, and will be suspended again if he is re-elected.

But five unmistakable signs of American decline have been gaining momentum for decades through both Republican and Democratic administrations. No president or political party can solve our chronically intertwined, deep-seated, systemic economic, political, social, and cultural problems. All authorities can do is manage the decline and reduce the impact.

1. US debt out of control: of us debt clock It shows the inevitability of America's decline.e — There are three data and financial evidence “time bombs” in particular:

The total unfunded liability of the U.S. government, the sum of unfunded payments promised to recipients of Social Security, Medicare, federal employee pensions, veterans benefits, and federal debt held by the public, is 212 trillion dollars, is rapidly increasing. By the way, this number was only $122 trillion in 2019, and according to Debt Clock, it is projected to reach this amount. $288.9 trillion By 2028.

This is an unimaginable amount, more than a quarter of $10 trillion. If governments are forced to cut payments, pensions and services to stay afloat, or default on their debts, the consequences will be dire.

The second time bomb is US debt. 34 trillion dollars, more than six times the previous amount. $5.6 trillion Of that $34 trillion, $731 billion has been accumulated through interest payments. It is the fourth highest annual budget item in the United States. (If you're keeping score, the third highest is his $851 billion in defense spending, topped by $1.39 trillion in Social Security, and his $1.72 trillion in Medicare Medicaid.) It's the top.)

Like irresponsible credit card users, the federal government is perpetually accumulating debt to pay interest as it comes due.and payment of interest on newly refinanced debt. will be much higher Due to recent significant interest rate hikes.

Finally, the $34 trillion national debt is expected to reach 150 percent by 2028, as a percentage of the $27.8 trillion national economy, resulting in a debt-to-GDP ratio of 122.30 percent. 56 percent 2000 and 36 percent As the timer ticks down, we can't expect any meaningful discussion or resolution from either party on these three “bombs.”

2. Students' academic performance is low: It will take generations of skilled and creative superstar students to lift our country out of its dire debt trap. One day they will invent and leverage technology to produce cutting-edge products and related services, fueling an economic boom that will boost GDP.

unfortunately, “National Report Card” This does not suggest an optimistic future.of National assessment of educational progressaccording to a Congressionally mandated Department of Education program that has evaluated students since 1969. Only 29 percent of fourth graders And 20% of eighth graders are even good at math. Only 8 percent and 7 percent of these levels, respectively, are “advanced.''

Overall achievement decreased for both read and mathematics Compared to the already disappointing numbers of 2019. So, both before and after COVID-19, our education system appears to be losing the fight against national decline.

3. Rising income and wealth inequality: Below-average educational performance will likely only widen the gap between rich and poor. Furthermore, the once-vibrant middle class that was the pride of postwar America will shrink.

pew researchConfusing the concepts of “middle class” and “middle income,” it was recently discovered that this important group has declined from 61 percent of households in 1971 to just 50 percent in 2021. did. However, the net increase in high-income households accounted for the majority of households. This net decline in the middle class continues to disproportionately reduce the middle class' share of gross national income, from 62 percent in 1971 to just 42 percent in 2021.

A more obvious warning sign is decrease Homeownership has long been a marker of middle-class status, economic security, and wealth creation. This is another reason why the gap between rich and poor may continue to widen as governments spend billions more on anti-poverty efforts, contributing to out-of-control debt and inevitable national decline. .

4. Loss of American Identity and Patriotism: The once-great American “melting pot” is an outdated concept for many Americans. Traditionally, immigrants with different languages ​​and cultures assimilated and became distinctly American. The current trend is towards a heterogeneous culture.

Meanwhile, among young non-whites, adopting an American identity and even saluting the flag is considered “nationalism,” a predominantly white, Christian, and inherently unequal “old America.” is considered to symbolize.

Patriotism has declined, especially among ethnically diverse 18- to 34-year-olds. This will result in rapid population changes.No modern nation has ever experienced anything like this. Dramatic demographic changesand could significantly accelerate already high racial tensions and hasten the nation's decline.

5. There is a widespread belief that our political system is broken.: Americans' disdain for the political system has been captured in numerous polls, showing that voters are dissatisfied with the possibility of a rematch between Biden and Trump. Heading quote That's what one voter told me.

Team Trump believes the former president is the only one who can preserve democracy, save the country from an “invasion” on the southern border, and stop President Biden's “corruption” and “weaponization” of the Justice Department .

Democrats, on the other hand, believe Biden can save democracy and the country from Trump. Otherwise, Trump will tear the Constitution to shreds and become an authoritarian ruler.

So the political system is at least broken enough to corral two flawed and unpopular candidates who are well past their prime and, combined with all of the above, put America on a glide path to decline. .

Let's hope that whatever remains of American exceptionalism will overcome and reverse the forces of decline.

myra adams He served on the creative teams for two Republican presidential campaigns in 2004 and 2008.

Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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