The real problem is what happens if we have a major natural disaster? Superstorm Sandy and Hurricane Katrina were medium-sized disasters. How do we handle a major one? Obviously, some disasters are beyond our ability to fix, regardless of how much money we save. If we have an eruption of the super-volcano underneath Yellowstone (and the dome has been starting to bulge the last 50 years), half the country's population might die and there is not much we can do about it. But what if we have a large west-coast earthquake, or the New Madrid fault goes again? No question, we are totally unprepared. If our financial house is not in order when it happens, we'll have a financial disaster on top of a natural disaster. Also, it will take money to "solve" some problems related to fresh water and energy supplies. You may think of those as long-term issues, but they aren't that far off. The Oglalla Aquifer is scheduled to be empty in 2020. What's the plan to deal with that? Lake Meade in Nevada is half empty right now, and over half of the Hoover Dam's turbines are shut down because rainfall (and snowfall) has dropped off west of the Rockies for over a decade (and may not return for a few centuries). California's agriculture is at risk, and more electrical demand is being placed on a system with less supply. Peak oil may have been pushed back by fracking and newly-discovered natural gas supplies, but it is still out there. We've done very little to prepare for that as a nation.