We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
Last month, the Congressional Budget Office issued its own set of updated projections, but the frame of reference was the long-term, and not just the next 10 years. Unfortunately, the farther out one looks, the worse the picture gets. CBO’s latest projections again make it clear that the nation is rushing headlong toward a fiscal crisis, and the health law does nothing to head it off.
i do unnerstand that this question is largely epistemplogical and therefore practically rhetorical, but when "...the nation is rushing headlong toward a fiscal crisis", why, in such a condition, would it not be already IN one?
This is no idle question --for example, the phrase in question would apply whether we are in fact in decent shape but merely suffering an economic marginal trend reversal, or in awful shape with no prospect of deliverance from Armageddon anywhere short of direct divine intervention.