American decline is the idea that the United States of America is diminishing in power on a relative basis geopolitically, militarily, financially, economically, and technologically. It can also refer to absolute declines demographically, socially, morally, spiritually, culturally, in matters of healthcare, and/or on environmental issues. There has been debate over the extent of the decline, and whether it is relative or absolute.
Disused Bethlehem Steel plant in Bethlehem, Pennsylvania. At the height of its success and productivity, the company was a symbol of American manufacturing leadership in the world. The company suspended most of its steelmaking operations in 1982 and declared bankruptcy in 2001; this factory is now part of the Bethlehem Works development site.