I'm inclined to agree with it all. The fact of the matter is, relying on government for our daily bread is going to be taken off the table as an option regardless of what anyone says or does.
But I remember how "well" the electorate took to Jimmy Carter telling people what they can no longer have as he sat by the fireplace in his sweater telling people to turn down their thermostats. I know how badly it chafed to have Barack Hussein Obama tell us on the campaign trail that we can no longer keep our homes at 72º, eat what we want, and use as much energy as we want and expect the world to stand by.
The American people have worked for a lifestyle befitting the most productive society the world has ever known. The fact that the foundation of that lifestyle has been perverted and coopted by government will be lost on many people, as evidenced by the polling that shows people understanding the dire situation, and simultaneously being unwilling to give up entitlements that they have allowed to become integral to the lifestyle they expect. The people are not going to give it up so easily, and will not take kindly to being told what they cannot have, cannot do, and can no longer expect. Credit rating be damned.