decline

(eg. tattoo, tone, butterfly )

decline /dɪ ˈklaɪn/ ?

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(n) change toward something smaller or lower
(n) a condition inferior to an earlier condition; a gradual falling off from a better state
(n) a gradual decrease; as of stored charge or current
(n) a downward slope or bend
(v) grow worse
(v) refuse to accept
(v) show unwillingness towards
(v) grow smaller
(v) go down
(v) go down in value
(v) inflect for number, gender, case, etc.,

Cultural decline is a more difficult failing to assess and address.
The decline had already prompted a number of moves by Harvard in recent months, including the elimination of 275 staff jobs and a freeze on salaries.
I've updated my wildly popular chart of the decline in payroll employment with the nasty new numbers that the Bureau of Labor Statistics released this morning.

Mr Bernanke, speaking at Morehouse College in Atlanta, said: "Recently we have seen tentative signs that the sharp decline in economic activity may be slowing. A levelling out of economic activity is the first step toward recovery."
on Apr 14, 2009 By: Ben Bernanke Source: Independent
"You just hear this constant whining," Gramm told the Washington Times, "complaining about a loss of competitiveness, America in decline."
on Jul 16, 2008 By: Phil Gramm Source: Indianapolis Star
"The choice we face is not between saving our environment and saving our economy," Mr. Obama said. "The choice we face is between prosperity and decline. We can remain the world's leading importer of oil, or we can become the world's leading...
on Apr 22, 2009 By: Barack Obama Source: New York Times