Actual left/right wing discussion Message Board

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Politics : Actual left/right wing discussion

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To: dave rose who wrote (9966)	7/29/2011 7:13:55 PM
From: TimF	Read Replies (2) of 10087

I really wish people would stop calling it "default". Hitting a debt limit != default, anymore than hitting the limit on your credit card means your defaulting on it. As long as you make the payments (and the payments for the feds are a relatively small fraction of their revenue) your not defaulting. I don't think an actual default would be a good thing, but I can see how certain parts of it would be good, and how that the best scenario following an actual default would be better than the worst scenario from just following along doing what we are doing now.

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