Does anyone else find the latest talk about the U.S. debt ceiling having a “constitutional option” as far as being simply ignored a bit odd? To hear them tell it, the ceiling existed as an actual ceiling, rather than a retractable covering of some sort….an umbrella! It’s a cover, but it’s clearly mobile, as every time things get close, it’s moved up some more, maybe a telescoping umbrella.
Since no limit is actually enforced, the “limit” itself is meaningless. The real problem, going by the umbrella description, is when the umbrella is high up enough, it stops being much use as a rain shield, and becomes excellent as a lightning rod.