Economists are unanimous in their opinion that the U.S. defaulting on its debts -- that's what this means in plain terms -- would be catastrophic for the world economy. The young ones in the House don't care. They're on a mission. They're like the zombies in horror movies..
As private citizens, if we cannot pay our bills we do not raise our credit card limits so that we can borrow yet more. Why should the federal government?
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