Lets face it people will be put out of work, from government workers, to construction companies, aerospace manufacturers, the whole gamut. And what will happen then? Will the American people (those out of work) just meekly stand at the side of the road while the well off drive on by?
I do not think the American people have the stomach to take the hard choices until it is forced upon them.
So where do I get this sh^t from, why do I see things this way? Because we lived through it up here for 15 years. The federal government went on a cutting spree, expenses and handouts got paired back.
Finally got on a good financial footing and then a government comes in that decides on tax cuts. Now we are back in debt. Next year they are hinting at a much smaller budget. Mind you they are hoping to get another election under their belt before that happens.