I don't think so. Most severely irresponsible individuals would love to be able to repudiate their debt.
Good point, and we have lots of them in the District of Corruption.
I thought your first point , “( - - The debt ceiling is not the problem. - - - ), was interesting because both Reagan and 43 said “ Deficits don’t matter. “
A lot of debt-creators helped to dig this VALLEY OF DEBT, so I gotta give credit where credit is due!
“I don’t think so. Most severely irresponsible individuals would love to be able to repudiate their debt”
Again, I have trouble figuring what you mean. Raising the debt ceiling does not mean repudiating your debt, but it at least means deferring it. You seem to imply there’s some connection between raising the debt ceiling and paying off the debt, which there isn’t.