it has a lot to do with the perceived responsibility of the political elite.
What this means is that if you’re worried about the US fiscal
position, you should not be focused on this year’s deficit, let alone
the 0.07% of GDP in unemployment benefits Bunning tried to stop. You
should, instead, worry about when investors will lose confidence in a
country where one party insists both that raising taxes is anathema
and that trying to rein in Medicare spending means creating death
panels.