Justin Raimondo: The American Empire, RIPSubmitted by legalizeliberty on Wed, 01/30/2013 - 19:31
When will historians of the future date the beginning of the decline and fall of the American empire?
The question may seem presumptuous. The idea that the American Century is a relic of the past, and we are entering a "new world order" of divided rather than hegemonic power, is relatively new, and still controversial. There are those who insist it ain’t necessarily so, primarily neocons of the second mobilization such as Robert Kagan, who are quick to reassure all right-thinking patriotic Americans that we’re still Number One and warn against the fatal lure of committing "superpower suicide."
To the rest of us, however – that is, to everyone outside the neocons’ cultic universe – the signs of the Great American Contraction are everywhere, most noticeably in the incomes, productivity, and general economic well-being of ordinary Americans.
Our own CIA – never a friend to the neocons, but that’s another story – avers this condition is the single greatest threat to our national security: not Iran, not terrorism, but the very real threat of national bankruptcy. Our national debt is over 100 percent of GDP.