Since the mid 80's the wealthiest in America have seen their earnings double, while the middle class hasn't had an increase in their income.
10% of the richest American's today control 80% of the nation's wealth, whereas in the 70's it was 20-60. Neoliberalism has been disproved, in that increasing in wealth is not to everyone's benefit. Rather increasing wealth only causes social improvement based on its more equitable distribution. To the contrary, wealth increase that only largely benefits the already affluent only causes social unrest, discontent and ultimately revolution.
The relationship between wealth and poverty in the US was at a significantly more balanced level 40 years ago, following the neoliberal regime since then, however, it is more approaching the status of emerging countries like India, Indonesia and China. There is no more evidence of America's decline.
In India there is the highest concentration of billionaires on the planet, notwithstanding the crisis of financial capitalism and the appalling conditions of hundreds of millions in that land.
The imbalance between the US GNP and public debt has not been due to funding medical care, education, pensions (that is "socialist" things), but rather due to the neoliberal capitalist ideology that caters to the financial institutions and the military apparatus necessary to fight America's wars to maintain the global hegemony it has enjoyed, which allows it to keep petrol currency in dollars and so provides the US money with its global appeal. An appeal that keeps international inverters, especially China, supplying the US with the vital capital treatment it needs to save it from the fatal and auto-inflicted disease from which it is suffering.
This is the truth. Scott SoCal only deludes himself with his rather hysterical rantings. He is thus willing to see the effects of a lethal malady, though not its causes.