We are 'forever floored'
With their AAA ratings threatened, the increasingly indebted United States of America and the United Kingdom are about to learn what you already know -
'My other piece of advice, Copperfield,' said Mr. Micawber, you know. Annual income twenty pounds, annual expenditure nineteen nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery. The blossom is blighted, the leaf is withered, the God of day goes down upon the dreary scene, and — and in short you are for ever floored.'
Thanks to John Derbyshire for the reminder.