... America would go bankrupt? America is bankrupt!
I can't find figures for the last year, but at the end of 2005 the U.S. foreign debt ran at US$13.6 trillion, which was about 20% of GDP, with a trade deficit of US$726 billion.
Add the burden of poverty in America:
Poverty in America: One Nation, Pulling Apart -- Home
Poverty in America: a Threat to the Common Good
It is not a question of if America will explode. It is a question of when will it explode.
__________________
'Dardanidae duri, quae uos a stirpe parentum
prima tulit tellus, eadem uos ubere laeto
accipiet reduces. Antiquam exquirite matrem:
hic domus Aeneae cunctis dominabitur oris,
et nati natorum, et qui nascentur ab illis.'
We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light.