Sure, lets just go ahead and gamble guys.
The fact is that if the debt ceiling isn't raised then all the obligations the federal government is supposed to pay won't be able to be paid for. Lots of people will lose jobs and the economy will suffer. Nobody knows how much it will suffer but it's certainly not a chance I'm willing to take nor should you. It's better to cut programs now and continue to cut more later on.
I'm tired of people saying that oh..."if I can't raise my debt ceiling then why should the government." Well they are the government and they don't always run surpluses. I'll agree they should reign in the spending a little bit but don't be a fool.
Not much of a gamble there Urk.
You seem to forget that Barry wants to be re-elected.
If he defaults on paying the bondholders, paying the military, SS or Medicare he most certainly won't get that 2nd term he's looking for.
He's well aware of what he's doing.