The political class will continue to do what works for them, not what is best for the country. They'll get cover for their insanity from the likes of Paul Krugman but in the end their push for more and more government will capsize America (the tsunami will take care of Guam).
Soon we will be sending borrowed money to Europe to prop up that mistake. Where will the money come from? The political class doesn't know what money is. Neither do they care.