And the US economy was not really good and stable in the same time period, remember 911 and the economic results of that? Even so, unemployment fell in Germany.
Reagan figure... ........ Final nail in the coffin that would be.. One of the reasons Europe is not declining is because of socialism and more state involvement in our economies, and of course better financial management, less speculative based economy.
The only way I think the US can save itself is to abandon its idea of 100% capitalism, because capitalism will always end up bad.