By all means, GOP cut off your nose to spite your face. Plunge not only the United States, but the whole world into a depression the likes of which we have never seen. I simply cannot fathom why an entire group of people can’t grasp the most simple concept of having to bring in money to spend it. Someone please tell me how you think the country is supposed to be able to pay its bills without any revenue increases. <crickets> Someone also please explain to me why now, all of a sudden, this massive debt is not ok. It was fine to run up this massive debt, starting wars with no intention of paying for them, when it was the Bush Administration with a Republican controlled Congress, but now it’s suddenly a bad thing and must be stopped no matter the consequences? Oh, that’s right: IOKIYAAR.
Go ahead House Republicans, don’t increase the debt ceiling, but please just don't wonder why you can't get elected to anything ever again.
And when I say 'bring in money to spend it' I mean to send out the Social Security payments, veteran's benefits, military paychecks. You know...things that keep the country moving.
And again, I'm waiting for someone to explain to me why it was ok for Bush to raise the debt ceiling 7 times during his tenure, but now it's not a good thing. Mitch Daniels, Bush's Budget Director, called it a simple "housekeeping" item for Congress, so get to it Congress and do your job!