The USA enjoys a unique position with respect to sovereign debt, since it is denominated in our own currency. Also, a great deal of it is owed to ourselves and

The USA enjoys a unique position with respect to sovereign debt, since it is denominated in our own currency. Also, a great deal of it is owed to ourselves and it has always been the plan of political parties to just stiff future generations. Debt crises might happen but probably not the biggest problem faced by USA. It is odd to focus on borrowing when our country faces numerous acute problems at the moment.