This is exactly what happened in the UK; fortunately The People came to our collective senses and booted out Gordon Brown before he could dig us any deeper into a hole. Even then it wasn't clear cut: too many voters wanted hang onto lavish, debt-fueled spending. Those same voters march through the streets now demanding raises, generous pensions, instead of doing what the sane are doing, knuckling down to repair the gaping hole in our national wealth for the good of all.