The failure in your analysis is that, as I said before, the GOP would have been blamed for the 15 million federal layoffs, market crash, etc. that would have been the result of a flat out refusal to increase the debt ceiling.
Think people want government employees laid off? They do until they see that UE number go up, and that many more people competing for the jobs that are out there.
The GOP would be blamed, Obama re-elected, and the Dems granted the House back, and all they’d do is just undo it all anyway, and increase the debt limit, but this time, with 12.1% unemployment and a Dow of 5500 instead of a Dow of 11k and 9.5% UE or whatever. You have to consider that you need time to achieve anything, even on a fast-track of so-called principles that you advocate.
And it won't change the fact that the entire leadership of the Republican and the Democrat parties supported doing exactly that every single step of the way.
The first day that the "Tea Party" freshmen hit the Hill they got a lecture from John Boehner about how they were going to have to be "adults" and raise the debt ceiling.
There was not a single plan offered by the leadership of either party that did not raise the debt ceiling by more than two trillion dollars.
And in the end, there were a grand total of only EIGHT Republicans who did not support raising the debt ceiling by more than two trillion dollars in some way or another. EIGHT. That's it.
"...it is natural to man to indulge in the illusions of hope. We are apt to shut our eyes against a painful truth, and listen to the song of that siren, till she transforms us into beasts. Is this the part of wise men, engaged in a great and arduous struggle for liberty? Are we disposed to be of the number of those who, having eyes, see not, and having ears, hear not, the things which so nearly concern their temporal salvation? For my part, whatever anguish of spirit it may cost, I am willing to know the whole truth -- to know the worst and to provide for it."-- Patrick Henry