First, I'm not a representative. It's not my job to negotiate. Second, how many people in the bottom half of income earners do you imagine own Treasury securities? And do you imagine their aggregate ownership of treasury securities is more or less than, say, the top 1% of income earners?
I think defaulting on bond payments is bad form. What I'm disappointed at is the pretense of importance to our economic well-being as though we were helpless in the face of Republican hooliganism. This only encourages deficit and debt hawks, to our collective detriment. Why aren't we talking about the economic catastrophe that will result from failure to make SNAP payments or the failure to make social security payments? These are far more important in the grand scheme of things than payments to bond holders.