Here’s a review of Fareed Zakaria’s book in the NY Times.
I agree with the comments about the two costliest blunders — the Iraq war and Housing Bubble disaster.
The middle class does shoulder responsibility for those blunders. People elected a moron because they don’t bother to learn about the world. They supported Bush after 9/11 because misguided nationalism and revenge are what they cared about.
America will be fine but we just won’t be #1 in everything anymore. We won’t be the richest anymore. That will be a painful adjustment — a little like a well-off family having to move from Fairbanks to Mira Mesa.
It will take some hard work to rebuild the country.