If Sears cuts off your credit until you pay your old bill, they are simply asking you to honor your existing debt. Building up more debt is not the same thing.

The current debts of the US government are existing debt and cannot be paid without borrowing more or by increasing income. Any rational approach would do both.

As pdq insists, you must honor your existing debts; but the TWhiners are demanding that the US must not be permitted to have any way to pay its existing debts, since they insist that no more can be borrowed and that there can be no increase in taxes because "they really need all the money there is to buy a new private jet and hire another batman to polish their penneys" (that they never bother to put in their pocket).

Of course the private jet is necessary for them, since their proposal to cut off all highway maintenance payments means they'll soon have no place to drive their Lamborghinis. I really do pity the poor maligned IGNORANT BASTARDS.

John