Originally Posted by
Yvaelle
The only point of a debt ceiling is that it is a self-imposed limit at which point a country is supposed to reflect upon their habits and reverse course. Of course, instead of recognizing their own warning - they just say "meh, not like I'll be in office 4 years from now! Burn the country down - blame it on the next guy!", and both parties are completely guilty of it: I'm not picking on either one here.
The bottom line for politicians Should be the best interest of the country and the people (all of them) who inhabit it. Instead, they seem to be confused with the fiduciary duties of corporations - in which their bottom line is the best interest of their investors (in their parties/campaigns). So politicians (at least in the US system) are essentially obsolete, while "politicians" are just low-paid lobbyists doing pro-bono work to pay their dues before they can get a higher paying job at the company/industry for whom they lobby.
Americans have the choice to elect their preferred lobbyist, just so long as they aren't a populist.