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I don't agree that America should not have entered WW1, winning the war decisively with the entry of a new major power not only saved lives in end, it definitely dissolved three absolute monarchies who were steadfastly opposed to democratic reform. Two of them might have collapsed regardless, but that's not a certainty.
It absolutely prevented the most devastating outcome at the least: a victory for Germany. A stalemate was possible, even likely without American entry, and that's something you need a whole book to explore the consequences of, but a victory would have killed European democracy for certain.
It turns out that when you look deeper into Wilhelm's plans, goals, and beliefs that, shockingly enough, the Second Reich wasn't all that much different from the Third.
How could it be, only twenty years later?
But, who knows? Maybe without Wilson we don't get the Great Depression either, but in the end America was still a democracy. Wilson wasn't why the average American was a revolting racist with delusional economic beliefs in a self regulating market, he was a symptom of it.