Evan McMullinVerified account

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

I have huge respect for you Evan but you're just wrong on this. Playing games with the foundation of the world economy is scary scary stuff

It's not a game at all. I understand your view, but it's very academic. In practice, the debt ceiling forces leaders to reexamine spending.

In the end, most understand that the ceiling must be raised and that's what happens, but without this review there is little examination.

I know that's not textbook ideal, but in practice, there is no other real political forcing function for spending reexamination.

If the limit is always raised then it can't do that either. The risk of default is real or fake it can't be both.

And dismissing the concerns of experts in this stuff (all of them!) as "academic" is unworthy of you.