It's not austerity, it's fauxterity

Nothing's actually been cut, almost anywhere, but the can is still being kicked down the road:

So don't worry, and spend, spend, spend (on credit of course), not because someone made and excel error, but because it's not like there is any hope of any of these trillions and trillions in current and future obligations will ever be honored and/or funded.

[emphasis in the original]