I gotta chuckle when people talk about "this mess" as if it's some temporary thing that can be gotten out of. With the debt as high as it is, fat chance. At least the Republicans seem to want to cut spending and make some progress.
Realistically though, you could raise taxes and cut spending to dangerous levels and still not solve this problem. So there's no getting out of this one.
Cutting the planned spending implies mass unemployment and huge increases in unplanned spending on 'relief'.
Yep, so spend spend spend. And when the world stops trading in the USD and America can't just print money to make its interest payments, we'll see how many people are out of work then.