Prevailing wisdom says let the government default. Allow our credit rating to drop. Pay the interest on our outstanding debt first and stop payments on Medicare, Medicaid and Social Security. Do not, under any circumstances, raise taxes.
I’ve reached the point that I realize opposing those ideas is counterproductive. Any kind of balanced approach to solve our debt crisis and avoid default will not succeed in Washington, and is anathema to the vast majority of the American people. They want Obama out of office and they want America to start over, with a clean slate.
No logic, no reason, will change anyone’s mind, so what’s the point? Americans are more upset that Obama interrupted The Bachelorette than that we might be headed for a major economic crisis. So, have it your way.