Circling the drain

Klavan analyzes alternative solutions to the US debt crisis:

I've said before that I like Paul Ryan and I can appreciate that he's at least making a stab at it, but as Erick Erickson points out at RedState, an AP story had this in a piece about Senate efforts to get the deficit under control (emphasis Erick's):

The Gang of Six, now down to five, is trying to craft a deficit-slashing plan along the lines of the 10-year, $4 trillion package that Obama’s deficit commission put together last year. Basically, that plan called for $1 in higher taxes in exchange for every $3 in cuts to government spending and benefit programs. The nation’s $14.3 trillion debt would continue to grow, but at a much slower pace.

In other words

...regardless of which plan, which negotiation, and which cuts and increases you want to talk about, it seems no one in Washington is serious about actually shrinking the national debt.

And Robert Ariail's cartoon today about the European debt crisis is instructive since we also seem to be between Scylla and Charybdis here in the US: