The big reason why we aren't doing so bad is the rest of the world is doing worse. There is a saying that we are the cleanest dirty shirt in the hamper and that is true. However, we still are in the midst of one of the worse recoveries. And our rising deficits and especially are debt will guarantee that, at some point, we will catch up with everyone else and their fiscal problems unless these fiscal issues are addressed and seriously so.
So, for now, things are fairly quiet