The cost to replace America's tangible and intangibles is understated at $400 Trillion. It would cost $150 Trillion just to replace our 4 million miles of inrterstate and 350,000 bridges alone. As one can see we can afford to switch to personal accounts.
The truth about our debt and how it is so overblown as a problem. This analysis proves the problem lies with government and the media not the people. As the Balance Sheet showed we are as stout financially as our Founders would have wished.
As Americans only owe $2.3 trillion to foreigners we surely can afford to transition to personal accounts.
Congress continues to promise the people more than they can deliver in benefits. But just "who" is going bankrupt making promises. Ask yourself to whom are the beneficiaries of theirCongress' promises? Just what are the effects of the enormous unfunded entitlement liabilities.