Your regular reminder that the debt ceiling doesn’t really accomplish much

Well, not the bank, really. A better analogy is that you have to beg the business owner to let you put more on the credit card, but because he likes to tell people how little credit card debt he has, he’s always reticent to let you do it. You explain, over and over, that if he doesn’t let you put more on the card, he’ll default on his debt, but, see, he really likes to tell people how little debt he carries and how effectively he’s keeping costs under control at the business. He can really be a dope.