Ah, the good old days when we pretended to spend only as much as we had.
Sure, sequestration just kicked the fiscal can down the road, but it was the best Congress and the President could do at the time, without sacrificing the world's belief in America's debt as the last safe place to store one's wealth.
This approach also most closely aligns with the Republicans' approach, which has reality on its side.
Here are some indisputable conclusions sane people can reach from the facts.*
‘Puter’s takeaway, after all the facts and figures, is simply this. If Americans can spend other people’s money without immediate personal consequence, they will do so regardless of longer term impact on self and country. ‘Puter fears that America hit the tipping point some time shortly after 2008, and that only a national economic meltdown on par with Greece will cause us to correct our course.