Quote from AAAintheBeltway:
"... None of this will happen, absent some sort of crisis too dire to imagine, but that doesn't mean it couldn't be done.
Nothing of substance WILL be done, as the pain it would cause would get blamed on politicos.. for what they did or didn't do... and they can never see beyond the upcoming election.
Few people seem to recognize that the pain from taking action would be much less severe and short lived than if we continue on this same spendthrift path. The pain that will be FORCED UPON US when we suffer a national "credit exhaustion" will be catastrophic.
