The US is already dying from its debt loads.
Police pay cut to minimum wage in Scranton, PA
We don't need to wait for the US federal debt to blow up like Europe because many places in the US are already coming apart.
I think the provinces and cities in Canada need to wake up now and take action before we end up down the same path. Eventually high paid government workers will end up with the opposite of what they have if they don't fight back as well. This means they should take the lead in asking CEO's, high paid executives, hockey players and so on to far less money and in doing so cutting their pay and benefits to really take a dent out of our debts and deficits. The pay cut from the high paid people should take the form of straight deficit reduction meaning that shareholders wouldn't get this money either.
So the whole country should be up for the fight and not just wait until it is to late and expect it all to come out of government workers while no one else shares the pain. So if government workers don't want a huge benefit and pay cut down the road they should help to fight now to save our cities and provinces from their debts and deficits.