I just read this truly FASCINATING article about Sweden-
and it seems that in the early 90's they went through what appears to be the same exact (or close enough) economic crisis we are experiencing today. It lasted for 6-10 years before they finally got back on track and part of the reason is they became more socialistic in nature.
They also started started exporting a lot of stuff but I don't see that happening for America as we don't really produce anything that others want anymore other than tobacco (we don't even make TV's).
Socialism has become a dirty word these days with all of the inane Obama hatred, but it seems to have served Sweden, the most democratic country in the world, pretty well...
Food for thought.