Imagine this. In mid-2013, President Mitt Romney asks to increase the debt ceiling so he can borrow money to provide benefits for today's seniors while continuing to collect taxes as the lowest level relative to GDP in 60 years. "We owe it to our children to make a deal," he illogically claims. And a large rump of newly elected Democrats in the house threaten to depose Speaker Nancy Pelosi, now back in charge, unless the federal income tax rate is increased to 90 percent on those earning more than $500,000 per year, with no spending cuts. The impass leads a possible financial and economic meltdown. Until Romney knuckles under and agrees to tax increases (with no spending cuts), but only on the politically powerless and younger generations. (Just as Obama is being pressured to agree to just spending cuts, but only for the politically powerless and younger generations).
Enough of this nonsense. As a result of Generation Greed, our taxes are going up, our public services and benefits are going down, and our standard of living is going down, unless our cronies on the corporate board vote for our salaries or we have a public employee pension. But Generation Greed politicians would rather engage in theatrics and finger pointing than face the reality of what they have collectively done. Let the meltdown happen now. Otherwise the rot just continues. They staved off collapse in 2008, and merely preserved the wealth of the wealthy. Bail out the wealthy, or you get another Great Depression. And here we are three years later, blackmailed again. And here we will be in two years. In a collapse everyone gets hit. Perhaps it isn't the worst case scenario after all. Perhaps only a disaster will stop the "I want for me now!" chant we've been hearing for 30 years.