I believe that this is a key point. The politicians may not stop but arithmetic will stop it. A lot of people understand cognitively that this debt can't continue but few really understand it, feel it deep down and really believe it, yet. That's because the Social Security checks keep coming, the Medicare payments keep getting paid, the food stamps continue, etc. When they stop or begin to slow at a serious pace, then people will start to get it. How that snowball rolls remains to be seen but it will roll.
Employers who can not allow their workforce to slip below 30 hrs a week, they will make their employee’s become 1099 folks, private contractors. As a private contractor, they will be liable for their own taxes, health insurance, ssi, etc. I think this is where we are headed, and this may be the spark.
Wishful thinking, perhaps.......