If the dims get their way and futher open the "blank check" mentality on our currency, the $ will soon become worthless due to spiraling hyperinflation. On the other hand a short term default and resultant direction to fiscal responsiblitly will actually help us in the long run.
We have come to the proverbial fork in the road.
Problem with that thinking is the “short term” help you are describing means Obama wins again and the GOP is thrown out of the HOUSE. Thus, you are actually making the problem worse.
In my view, better to get a small victory now (which means some cuts, no tax increases but extend the debt ceiling), beat Obama in 2012, get the Senate and then GO HARD at cuts at that point. If you do it too soon, you are setting yourself up for liberal governance for the next 10 years.