Evan McMullinVerified account

Our national debt is $20 trillion and neither party is a champion for fiscal responsibility. It's as though Washington has just given up.

Whether or not that's true (and it's debatable) it has nothing to do with the debt limit, which is just a way to blow up the world economy

That's a very academic view. The debt ceiling forces an importance national debate about spending. Raise it or not, reevaluation is key.

No one responsible takes risks with the collapse of world financial markets. It's a very practical view.

When was the last time it needed to be raised and wasn't? It never happens. Yet it forces a nation examination of spending and that's key.

Also think about that logic. When was the last time you died playing Russian roulette? Never? Does that mean it's safe? Selection effect