As far as I know, not raising the debt ceiling could push the US over a fiscal cliff into the murky swamp of default. It wouldn’t be good for Dave and Charlie Koch and it wouldn’t be good for me.
That said, I think we’re going to have to do major surgery on Social Security (e.g., lower benefits, raise the age of eligibility, raise the cap on contributions). And I don’t believe the current Medicare regime is sustainable either — we’re going to have to reform that, too.
So do I align with the Dems or the Repugs?
I believe the Dems will screw me through incompetence, and the Repugs will screw me because they want to. I’ll stay with the Dems, thank you.