Just because we've got the debt ceiling debate behind us doesn't mean we're finished with economic masochism. The president was last seen trying to pivot to a jobs agenda, but the "fiscal consolidation" crowd is never far behind. This bodes ill. What we need right now is an ambitious jobs plan -- and not just on paper but at work in the economy. Meanwhile, we should hold off on the fiscal consolidation and austerity measures for a few years. This won't make any difference to the long-term deficit, but it will certainly make a lot of difference to working families.