US really needs an end to huge mega-millions pensions per govern. employee and welfare programs 54% increase since Obama took office, rolled back. These will be big POSITIVES for the Stock Market if the USA has to finally live within its means and reduce Govt. Spending. WATCH STOCKS GO UP FROM BETTER OUTLOOK FOR USA ONCE HAS TO FINALLY LIVE RATIONALLY.
You are absolutely right! Raising the debt ceiling will only prolong the disasterous path of increased burrowing, wasteful spending, and rising taxes. Obama ridiculed Bush's policies but Obama's are pushing America deeper into debt and eventual crisis. We must put a stop to this NOW! Before it snowballs into complete disaster in a few years.