Indeed. So when an individual is spending more than he or she is earning (and individuals actually earn, governments loot), the individual cuts spending, so why won't the US government cut spending?
“I say, imagine in your private life, if you decided that I’m not going to pay my mortgage for a month or two—first of all you’re not saving money by not paying your mortgage. You’re just a dead beat. And you can anticipate that will hurt your credit. “ (thanks to IJR)
Deadbeat? Name-calling your voters and supporters, Mr. President? That ain't cool.
Here's an Obama voter on mortgage payments: