I cant understand how the gov't can continue to spend the way they do? We can not continue to print/borrow money the way we have been for the past 16 + years. Devalue our money, which is what has been done by raising the debt limit repeatedly, and you have a more expensive way of life no matter who you are. Things are going to get real difficult for many people who have been spending more then they earn come income tax filing time. Many people rely on income tax returns to pay bills like property tax, credit card debit and other essential bills. This year many are going to get a rude awakening when they only get about half back or in many cases have to pay in. The federal gov't wants their money too remembers. So go ahead a default, it's the only way to give our money some value again. For the people who do have a savings it's the only way to raise the interest so their money earns a return.
For 16 + years our gov't has been telling the people who pay the bills what to do. Now it's our turn to tell them to stop spending our of control.