Leave it to ZH posters for some real winning comments like "DOOMED!! BITCHES".. Alas, I think some of them are right. Once the "self sustaining" growth completely fails to work, QE3 will be pushed as another positive test result of "See? If we stop, things go to ****". They it with QE1 to push QE2 or there would be more tanks in the streets... As much as it's going to hurt and it is going to hurt, we need to pull the bandaid off so the scab and dry out.
I wouldn't call it a scab, really. It's more like a malignant, basketball sized tumor which was shot by a .357 magnum at close range, and requires some compression bandages, a tourniquet, and a priest.