Fed Reveals New Concerns About Long-Term U.S. Slowdown – Bloomberg news: this story shows how deliberate stupidity runs things in the US. We just witnessed a witless howl fest over the Chinese comment about ‘American Exceptionalism’ noting that the US is in decline. The US decline is obvious and easily seen. The Federal Reserve has many graphs detailing our collapse and yet the heads of this operation can’t understand why things are going bad even as programs they promote or admire are the direct causes of this collapse!