Clearly we're not, nitwit. As we're $20 trillion in debt and still have millions of people either hungry, homeless, or uninsured. Any other stupid things you'd like to say?
Why would you measure wealth by debt?
We have a GDP of $18 trillion a year and national assets in excess of $125 trillion
Another shining example of the profound progressive failure to grasp even basic economics. One cannot eat "assets" chief. One cannot receive healthcare from "assets".
Furthermore, why do we have $20
trillion in debt if we have all of these assets?!? Why not just liquidate the assets rather than leveraging our future by selling bonds and making our enemy (China)
very wealthy at our own expense?!?
Seriously brother, the further down the rabbit hole you go, the worse you are making things on yourself. You're trying to defend something which cannot be defended (it's like trying to defend child molestation and make the case that it's ok).