Is America fading?

I don't know about you, but all this diminishment of our dear country has really weighed on my heart and mind. I loved this article by Charles Krauthammer, who is such a dear and wise man. It's long but worth reading:

Krauthammer: The Chinese are rising, the Indians have a very long way to go. But I'm old enough to remember the late 1980s, "The Rise and Fall of the Great Powers" by Paul Kennedy and the prevailing view that America was in decline and Japan was the rising power. The fashion now is that the Chinese will overtake the United States. As with the great Japan panic, there are all kinds of reasons why that will not happen.

Look, eventually American hegemony will fade. In time, yes. But now? Economically we now have serious problems, creating huge amounts of debt that we cannot afford and that could bring down the dollar and even cause hyperinflation. But nothing is inevitable. If we make the right choices, if we keep our economic house in order, we can avert an economic collapse. We can choose to decline or to stay strong.