I agree with Denninger in his latest post at http://market-ticker.org/akcs-www?post=214407 with his comments posted below in quotations.
"The truth is quite simple -- we all agree, other than hard-core anarchists, that some
amount of government is appropriate. Since that's the case we are now
arguing for (1) how much government we want, (2) what we want it to do,
and (3) what we're all willing to pay for it."
This folks is what Congress has to figure out because deficit spending can't go on forever despite what they may think. Greece has already found this out the hard way and more European countries (France, Italy, Spain and etc) are going to experience it as well.
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