The crash is coming. It's like watching someone's personal finances come apart. It's slow at first, then all at once. With the magic of credit cards and home equity lines of credit and 0% financing you can live like a king on $80,000 a year....for a while. Eventually, it catches up to you and you crash.
We've been living above our means for a long time. People got accustomed to levels of service from EMS, Fire, Police, Road Commissions, Schools, etc that were only possible due to volunteers and unique economic and societal conditions that allowed the govt to play shell games with money.
All of the "bonus" stuff is disappearing. Volunteer depts are folding up, nobody wants to be a cop anymore, road commissions paved millions of miles of roads without factoring in the long-term costs of maintaining the pavement vs gravel, and now all of those things are coming to head, all at once.
It's going to get a lot worse before it gets better.