The United States is not broke and cannot go broke unless we foolishly decide to. Please read: http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf or spend 2 hours to watch: http://www.youtube.com/watch?v=ba8XdDqZ-Jg

"we're broke" thinking is what causes the http://www.lostoutputclock.com/ to keep on turning, and that lost output is the health and welfare of our citizens.

Austerity mindset has had catastrophic results in Europe, and it starts with the assertion that "we're broke" or "we can't afford it", both of which are completely untrue as far as the U.S. is concerned.