It's not a bet.

The counterfactual was never "cutting pensions and medicare". That wasn't on the table and no government would ever commit suicide and pass it. It was either, spend until the economy completely collapses under the weight of debt and hyperinflation, or do exactly the same thing but pray for a miracle while doing so.

So, we're doing the second one.

Yeah... but the point is that pensions will eventually have to go unless the magical exponential productivity boost really hits its swing.