And, on what is certainly a completely unrelated note, the S&P is threatening to cut the credit rating of the United States.
As I see it, this leaves us with three options:
- Cut spending. No Democrat or liberal who believes government spending is in and of itself a morally good thing will allow this. Neither will constituents of whatever programs actually face cuts.
- Increase taxes on the middle class. Again, politically impossible.
- Increase debt, risking a credit cut and possible instability in the world economy. Hard to tie this to any vote a Congressman might make; politically, it is the safest bet, even if it risks the greatest possible damage.