Are we(THE USA) heading on a downward spiral as a nation?

I was watching CNN yesterday for an hour. Not one single optimistic piece of news. China trade deficit is kicking our AZZ, the war in Iraq, the housing bubble and the mortgage subprime meltdown, just to name a few things. It was all depressing, any1 else agree?

Answer:
News is always like that---- bad news sells. It works for the media, it works for politicians, etc.

Things are not nearly as bad as the media makes it out to be. Read a news paper from 1978 and you'll wonder how we made it to 1980.
We are doing OKin the US, not great, other countries are doing better here and there.

People keep moving to the US all of the time.

It will be 100 years+ before South America or Africa gets up to speed, so we have some time still.

The US has many things that we forget about in those reports:
-fresh running water
-government
-food supply
-roads
-an infrastructure
etc

The answers post by the user, for information only, FunQA.com does not guarantee the right.



More Questions and Answers:

More Questions and Answers:
  • what is a good website that has information about what is imported in the united states and exported?
  • In forthcoming budget what will be the position of Middle Class Indians?
  • If you observe a Laffer's Curve..?
  • deer population in Merringworth has been increasing over the last five years since the government announced?
  • which could be the only factor that determines india's development?
  • merits & demerits of GDP as a measure of the economys output performance & as of standard of living?
  • How would flexible exchange rates affect a governments fiscal and monetary policy effectiveness?
  • Can sum1 pleaaase explain to me as to how futures trading influences price-rise or inflation?? thanks.?
  • should the philippines become an industrial country insted of being an agricultural country?