Ronald Reagan was not a kamikazee (nor is the WSJ who calls the gop Kamikaze)
"Congress consistently brings the government to the edge of default before facing its responsibility,” Reagan said. “This brinkmanship threatens the holders of government bonds and those who rely on Social Security and veteran benefits.”
Reagan also warned what effect congressional inaction would have on the global economy.
“Interest rates would skyrocket, instability would occur in financial markets and the federal deficit would soar,” Reagan cautioned. “The United States has a special responsibility to itself and the world to meet its obligations. It means we have a well-earned reputation for reliability and credibility — two things that set us apart from much of the world.”