And the best our politicians can do is squabble whether to honor already incurred debts! It's as though the whole Washington establishment thinks the problem will just fix itself. We hear lip service from the Republican Right—mainly how more tax cuts for the wealthy is the magic cure (no evidence whatsoever for this belief)—and more lip service from the Democratic Left—can't think of one coherent message received from the Democrats actually.
And yet every indicator is pointing toward more economic funk for the foreseeable future. In addition, it's not like politicians take a Hippocratic Oath to do no harm: there's a good chance that if Republicans get their way and slash and burn spending very rapidly we'll be heading toward a depression instead of a very very severe recession. Of course by then, they'll be trying to put the blame on whoever might make a convenient scapegoat—kind of like how the Right blames Obama for deficits that were mostly created under Republican administrations—the hypocrisy is palpable! But facts don't seem to get in the way of the "Great Republican Propaganda Machine!"
