please Is American Economy Crumbling Or What

guys due to the refusal of house of rep in america to pass the $700billion bill what is the faith of america is there economy crumbling or what.i thing the mighty is begining to fall.please guys what is your view on this.

@JAy BEE
I love your reply.
@Poster
What is happening to your own economy back home? The fact that their congress failed to pass the bailout bill does not mean that they are just folding their arms and watching their economy crumble they are working on another package.
But most importantly this topic shouldnt be under job/vacancies move it to the appropriate place.