I would agree that the USA was a leader, sadly, those events you mentioned happened decades ago.
Since then, it's been a downward spiral not only for the USA but for the rest of the world - yes - the USA now leads in bringing terrorism, economic meltdown, and oil prices in the UK at $10 per gallon etc. All because they voted in a religious freak dictator who thought he could rule the world.
It will take the USA decades to get back to the 'glory' days. Meanwhile they will continue to be the most hated country on the planet.
Col
If the US makes it back.
History has shown us that the hardest thing to do is to go from bad to good.
The easiest thing is to go from bad to worse.
The US economy has been booming for the past 10 years based (primarily) on cheap fuel and bargain basement interest rates.
Fuel is climbing like a skyrocket and the interest rates will probably be doubled by the end of the year.
What America does in 2009 will show what they're made of. It will also be "W";s legacy to his successor.