The election is in full swing, and both sides are trying to make it sound like there’s a lot at stake. But the truth is, on many of the issues that divide the country, there are not as many degrees of freedom as politicians claim. The government can’t keep running trillion-dollar deficits forever, so at some point that will stop. There will be some mix of tax increases and spending reductions regardless of who is elected. Many issues have already been decided cumulatively, over the last decade, and merely await congressional or presidential acceptance of reality.