It's a spoonful of bad-tasting medicine, but it is necessary. When interest rates are as low as they can possibly get, then decades of dealing with economic downturns by lowering interest rates comes to a sudden end. Now we have to pay for the decades of easy money and irresponsible spending.
Well, the regular folks do, anyway. The government can continue to fumble its way along, running massive deficits and patting itself on the back when this year's deficit is lower than last year's (because then you can say "we lowered the deficit", which is another way of saying "I was almost as criminally irresponsible as last year, but not quite"). But the rest of us will have to heed the wake-up call, and many will be better off for it... as long as it is someone else's job that is eliminated by the low spending.