Well, the great battle over the federal debt limit is over, at least for now. For the last several weeks, most of us seem to have been arguing over this, whether or not we understood it.
This came just months after the great battle in Lansing over Governor Snyder’s budget cuts. Now that these momentous issues have been decided, we can move on to more interesting debates.
Such as, for example, how long it will be before Justin Verlander pitches another no-hitter. But seriously, there’s a tendency to think that now that all these budget cuts have been passed we don’t have to worry any more.
The unpleasant truth is that the effects of all these changes haven’t really started, on either the national, state or local levels.
We’ll begin to see some of the consequences this fall, when our kids go back to public schools with fewer teachers and fewer programs. Some of my students at Wayne State are already howling over their higher tuition and fee payments.
We don’t have any idea yet of the social costs of cutting people permanently off welfare. If the governor’s tax cuts produce a fast bumper crop of new jobs, and some of these long-term unemployed are hired, great. If that doesn’t pan out, we’ll all be in trouble.