No, it would not be a better idea for us to default and not raise the debt ceiling. Both Republicans and Democrats agree upon this. If this were to happen, we would lose our triple A credit rating and creditors would raise our finance charge on loans for debts we already owe.
Mortgage rates would go up, along with credit card rates, etc. Instead of just having the highest earners pay extra taxes to bring in revenue, the entire country would end up paying higher taxes. Other countries would look at us as a risk because we are defaulting on paying bills we already owe. This will then cause a huge effect with Wall Street.
Stocks in our businesses will go down because of persons trust in us. I cannot think of any positive effect that could come out of letting this happen.
We have the money to service our debt. We may not be able to pay for some programs or the federal workforce may need to go on furlough. Much of the deficit is caused by the bribing of voters through entitlement payments.
Once a program starts paying out, the recipients quickly get used to the income and will reward those who voted those programs into being with their votes. They can also be counted on to raise a fuss when their payments are threatened.
I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.