DADvocate

Americathon is a moderately funny movie from 1979 that portrays an America in which the federal government holds a telethon to save itself from bankruptcy.

Some of the predictions of the movie (via Wikipedia):

• The People's Republic of China embracing capitalism and becoming a global economic superpower.
• Nike becoming a huge multinational conglomerate (In 1979, their "Tailwind" running shoe was just starting to gain popularity).
• The collapse of the USSR. (How many of you under 30 know what the USSR was?)
• Jogging suits becoming fashionable as "casual wear".
• Reality television reaching absurd limits.
• An America with a devalued dollar and heavily in debt to foreign lenders.
• Network television dealing with previously taboo subjects accepted as normal.
• Smoking being banned.
• A great increase in homelessness (Homes are cheap now, but high unemployment has depleted the buyer pool.)

Yep. America has become a B grade comedy. Instapundit often says that Jimmy Carter is a best case scenario for the Obama administration. We've fallen below that and are at the John Ritter level currently.