Decomp,
Many Republican/Tea's, believed even if we didn't raise the debt ceiling we would NOT have defaulted.
Between you & me, many politicians in power are very limited in the area of economics and the global economy.
Let's not forget the banking/mortgage debacle, that still has us in a recession/depression.
"Pro's" should have known better that designer mortgages were phoney & would haunt us.
Even "I" knew that! clo