comment: >
  
  Indeed, which is why I asked what his plan was for that.  The point of the ceiling(which I agree is a failure of a legislation) is to stop and address the issue.
context: In short? It would quite literally cripple the economies of most of the Western World and cause severe short-term and long-term financial crisis. Just flirting with this stupid disaster in 2011 - not even actual default, just the idea that they could - resulted in a loss of billions of dollars. It's reckless, irresponsible, and incredibly dangerous to even entertain at the highest levels of government. >
  
  Well I mean its going to have to be dealt with eventually. Debt-to-gdp ratio has been increasing since like the 80s. So it should be a concern for the highest levels of government. >
  
  The debt ceiling does not prevent debt from being accrued, only from being paid.