This is an interesting assessment of what is right and wrong with the United States from an English perspective, written in early 2016 before the election of Trump.
By Sean Gabb
Talking about the future is often a sure recipe for looking like a fool. However obvious it may seem to us, nearly everything that happened in the past was unexpected at the time. I am not aware of anyone in 1639 who believed the Stuart State was about to collapse. Nor do I think anyone in 1788 predicted the occurrence and course of the French Revolution. The course of the Great War repeatedly took all the clever men by surprise. The difficulty with looking ahead is partly that most of the facts are unknown, but partly that the facts already established will be seen out of focus. We always tend to see the world through the twin lenses of unreasonable fear and of wishful thinking. For the world as it is, facts already established provide some correction. For the world as it may be, the only correction is to wait and see.
I will, therefore, not predict the decline of American world power. On the one hand, the country does appear to be in decline. It suffers internally from an increasingly predatory and freakish system of government, and from a national culture that is malign in its values and intrinsically worthless. None of its military interventions in the past quarter century has achieved its stated purpose, and all have been disastrous for the foreign peoples they were supposed to help. The military and diplomatic power of American has declined. It is no longer even clear that the Dollar will keep its hegemony. To put it mildly, the demographic changes now taking place are undermining the equilibrium and cohesiveness of the United States as it has been known since the 1870s.