You are right about defaulting but the feds can slow down payments and the rest of the world would continue to fund the US. Now read this.
d and the economy contracted 2.5 percent in 2009.

The Obama administration then confronted the worst economic crisis since the Great Depression when it initially took office. It passed a massive stimulus package in February 2009 to jumpstart the economy — and it was successful. The Congressional Budget Office said in a report that GDP growth was higher from 2009-2012 in part due to the package.

Trump has benefited from Obama's economic stewardship, as GDP growth under his watch has consistently been between two to three percent. In 2018, it was 2.9 percent. Economic forecasters, however, expect the nation's steady GDP growth to slow down in 2019, dragged down by trade tensions and weaker growth overseas.

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I see some good with a whole bunch of bad and that bad is other stuff than what happens to your pocket.

Yea,lay a peice of fresh bread on the table along side a peice of toast, and see which 1 lays there the longest before it becomes unusable! You just complimented Trump in a round about way.

The UK, France, Israel, China, Russia, India, Pakistan and us have nuclear weapons considered intercontinental ballistic types. IE, they could reach and destroy large parts of the USA. N Korea is trying to be part of this group but I don't think they'll be allowed. NO ONE ELSE CAN HURT US. I'm scared because this president's reasoning powers are very poor. He might convince himself that applying our awesome military power will not be reciprocated in a deparate revenge attack.

Run for President and I'll vote for you, teddy bear.