system
A chat on subreddit /r/wallstreetbets
human
Imo debt ceiling is unconstitutional for 2 reasons. 1st, The 14th amendment. Second, it requires the executive to pick and choose obligations to pay, a purse power the executive lacks
gpt
It also just doesn't make sense. In what scenario is defaulting on debt a better economic choice than raising some imaginary "debt ceiling". Doubly so for the printer of the worlds reserve fucking currency. Can I just tell my bank that my debt ceiling has been met, so I don't owe them my mortgage payments?