Well, today is the day. The day the money is supposed to run out. It won’t. Congress always steps in at the last minute to fill our nation’s coffers with sweet borrowed cash.
What if Congress forgot one year to raise the ceiling of debt that pays for all the great things that people make and do for us?
Let us say no one has paid any attention to the matter of the debt and its ceiling, and the ceiling was reached, and no one saw it dry the flow of our cash and send a few checks bouncing like red rubber balls. What would happen? Would we resort to barter, and go to market instead of the office to exchange reports we can wear for reports we can eat?
Such happened once, upon a time, many years ago, when to touch a screen had effect no greater than a fingerprint. In fact it happened three times in the same year, as if we were trying it out, wanting to give default the old college try, lest we be accused of not considering the other side of pay your bills on time. The result was interest and embarrassment, and we veered sharply away from the practice of default and from the leadership that brooked it.
So worry not about the ceiling. Our leaders learned the lessons of the past, and instead of ceilings would rather we look in the mirror, and see the beautiful world our debt has purchased.