You seem to be implying that the economy has been good for the last 8 years (it hasn't for most Americans), that the American economy doesn't have any fundament

You seem to be implying that the economy has been good for the last 8 years (it hasn't for most Americans), that the American economy doesn't have any fundamental imbalances (it has), that G W Bush is a good president (he hasn't) and that the war in Iraq was well managed. (It wasn't) The ideological cyclopes calling Krugman shrill for pointing out those glaringly obvious facts are the real problem for the US.