re: #9 Obdicut
I don’t think they really understand it. To them, it’s just ‘No more debt’. Not ‘therefore, economy collapses’.
A lot of that has to do with the fact that, in the past, it’s not been made a major deal. The GOP raised it several times during the course of the Bush years, but there was no big fanfare about it. The bill was drawn up, was voted upon, and signed without a blip.