Is America broke?

[eytonxav]

I don't think America is broke to the point it can't make good on its obligations, but I would say our current gov't is broken. If we continue on the same debt path unabated it will certainly end badly, but at this point in time America is still without question the prettiest pig at the dance so to speak.

As to the 56% figure, I don't put much faith in any such stats, as they are totally misleading.

 

[HFWR]

With homage to Frank Zappa, America isn't dead, it just smells funny...

But to the original point, my parents retired with a couple of pensions and SS checks, but I'd assume their net worth wasn't much greater than the equity in their home. Granted, they weren't world travelers, but they were happy, content, and lived a pretty good life.

As for all the punditry, I look at them as so many used car salesmen, with apologies to used car salesmen...