I am not from he US but I find this topic quite "interesting". Especially since if US bankrupts that will be the end of Capitalism. (at least the version we are all familiar with). In a way that would be an end of an era in a certain way since the world after that would probably be a quite different place.
So the question is: Should we start digging the grave or the situation can be somehow salvaged ?
Also here are some thoughts and "statistics" about the problem(s).
(to name some of them)
20 Reasons Why The U.S. Economy Is Dying And Is Simply Not Going To Recover