Yes, we are playing with fire on the debt ceiling

The Booth School of Business at the University of Chicago routinely polls an ideological diverse group of prominent economists on issues of the day.  The most recent statement for debate (I'm paraphrasing):  If the US misses any interest or principal payments on our debt (technically a default), US families and businesses likely to suffer "severe economic harm".

The answer:  75% answered "agree" or "strongly agree".

The full question and results are here.

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