As I write this, the President’s debt commission has just issued its preliminary report on the spending cuts and tax increases it recommends to fix the country’s fiscal problems. Right away, critics from all sides pounced.A union leader claimed it unfairly targeted working people and the middle class. A conservative leader warned that supporting it would violate some politicians’ pledges never to raise taxes.So this is what it comes down to: Everyone knows that deficit spending and debt are a serious threat to the nation’s future. But everyone expects the problem to be solved without pain, or with pain only
