Here's the best economic advice you're likely to hear for some time

Steve Chapman: "Suck It Up".

Key point:

"In the long run, we will adapt to the new realities, the economic impact will moderate, and the pain will fade. Till then, our least destructive option is to do something no politician would dare suggest: Suck it up."

But as we are all aware, the Usual Suspects will be quick to slimeball those who espouse this philosophy as "cruel, evil, knuckle dragging cretins" for telling the truth.