Good times are not conducive to good government. Politicians won’t embrace fiscal responsibility unless they have a gun to their heads.
They don’t win votes by cutting off the sugar.
Vital debate about restructuring local governments and making Social Security and Medicare sustainable will be postponed once again.
And ideas for ways to “invest” the newfound money will bloom like daisies.
Now that the cash spigot is flowing again, there’s little hope the spending torrent will slow.