@GhostOnTheHalfShell @flexghost
YES! The threat of default is political! That's my whole point.
The Treasury has enough to pay its debts. It cannot legally default so long as it has resources by which to pay its debts.
It is pure political posturing to talk as if default is on the table. Legally, it is not.
And if a president chooses to stop paying debts legally owed, not only would that president be choosing to blow up the economy (as they say), but I'd consider that an immediately impeachable, clearly unconstitutional decision for him to make.
But so long as the executive branch has those resources to pay the debts, which is absolutely mathematically does, it is the president's decision.