>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..
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>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?

People say that kind of thing all the time but the federal government and a private citizen are two entirely different things. The government going broke would impact billions of people, including many who are not guilty of a thing.