The conservative vision is decaying in a way I wouldn't describe as "gradual".
You win. You liberals did it, you killed America. Welcome to the other side. But when this "Europe" crashes it aint gonna be pretty.
It was (and is) the US economy that allowed the Europeans to get fully invested in their current financial mess. If our economy models theirs, "ain't gonna be pretty" will join the list of euphemisms.
Just to be scary about it all, Obama, the Dems, and some Repubs plus Libertarians are advocating huge cuts in defense spending while the Russians, Chinese and Iranians are plowing big money into their military budgets.
The grand upshot of this, back in the 1930s, ended with "Yesterday, December 7th, a day which will live in infamy ..."