Well, we haven't defaulted thanks to the last minute deal the President and Congressional leaders came up with over the weekend, but will it really help us? No, to put it bluntly. This deal will only further destroy the American Dream and further divide the classes. It puts no burden on the richest 2% of the country and will essentially gut the social safety net that keep ths middle class going. The president turned his back on the country and gavve the Republicans everything they wanted. The sacred cows of the Democrats (Medicare and Social Security) will be slaughtered while those of the GOP will remain untouched (the Pentagon). I have lost faith in this administration and in my own party. Only the Progressives held firm and refuse to vote for the "compromise". This could be the split of both parties now.
Keith Olbermann puts it far better than I ever could in the following Special Comment: