This sounds like pretty dangerous thinking to me. A government financial crisis is something that happens slowly and then very quickly. The US currently enjoys extremely low borrowing rates and still spends a significant portion of its tax receipts servicing debt. If the country starts to appear much less stable and reliable in the long term those rates can increase sharply, which would put gigantic strain on the country's finances, which would cause rates to jump even more. It's a bad cycle that we very much want to avoid.
Even without any disaster scenarios we spend an immense amount of money every year on debt payments. That money could instead be spent on any number of other use cases that actually produce something useful.
> If the country starts to appear much less stable and reliable in the long term those rates can increase sharply,
but its US who decides which rates it uses to borrow from itself.
I see its just some process to do all this inflation thing in US, while I imagine various other countries just print the money causing inflation and don't go through debt ceiling approval voting.
Even without any disaster scenarios we spend an immense amount of money every year on debt payments. That money could instead be spent on any number of other use cases that actually produce something useful.