It isn't just the tech bubble that's gone. The whole US was still solvent in 2000 but was a financial basket case by 2008. Search for [Starve The Beast] without the brackets. Then reflect on all the actions of the government 2001-2009 including taking a dive in the trade wars and borrowing the trade deficit money back (cumulative deficit 2001-2009 was over $6 trillion).
In 2008/9 the US government was left purposely bankrupt. The financial fights in Washington do not address where US money is really going. The institutionalized corruption of our bipartisan political Pay-To-Play system is too dominant for that.
Regional interests are too. The Deep South, 145 years since the Civil War, stays a social and economic fossil enabled by our money. Do you really think the Right will terminate the government programs and subsidies that implement that arrangement?
So the Right is now concentrating on snuffing Boomers to save money though that won't save the existing arrangements of money and power for very long. So who gets thrown under the bus next?