the default isn’t a scare tactic, it’s real (and has consequences); But I’d prefer something short-term and work out the long-term...over time.
I think the default is mostly a scare tactic, just like TARP and the Stimulus.
And if we do default, then someone will finally have to make some tough choices with a limited set of options.
It could prove productive.
A default is only real if Zero refuses to pay our creditors. There is plenty of money coming in to the coffers to pay the upkeep on the debt.