So when does the Progressive Bubble pop?

Foseti writes a long and very interesting post that I suspect will infuriate most of my readers.

Progressives have won. No one disputes that USG can take all your money and use it completely own the healthcare market. Medicare, for example, is legal. The only issue under dispute is whether healthcare can be nationalized in this particular way. Even if it can’t, the result is the hollowest possible victory for non-progressives: congratulations, the healthcare industry must be fully, not half-assedly, nationalized. Victory!

The weakness in his argument is that he assumes that the Progressive one-way ratchet is in fact a one-way ratchet (or more likely, cannot be broken).  If the true definition of a bubble is when everyone acts like there's a bubble (see Barney Frank and the Community Reinvestment Act) then Progressivism is a bubble - even people who hate it with the fire of a thousand suns simply assume that it's a one-way ratchet.

So when does it pop, how spectacular will the pop be, and how many lives will be destroyed when it happens?  Because the second thing that we know about bubbles is that they can't ever be safely deflated to a "soft landing".  They always pop.