Is the United States now on an irreversible course of long term economic decline?

It's not that the rich are getting richer. It's that the rest of America isn't. With all the unemployment in the United States, everyone is falling under the poverty line. According to an article in the Chicago Sun-Times: "The poverty rate rose for all races, except Asians. For blacks it rose to 27.4 percent from 25.8. For Hispanics, it rose to 26.6 percent from 25.3 percent. For whites it rose to 9.9 percent from 9.4 percent. For Asians it fell to 12.1 percent from 12.5 percent."
Should the United States federal government invest substantial spending in a new stimulus program?

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