As I write this, the United States is mired in a grand debate over whether or not to pay out previously promised funds to creditors, employees, states, and retirees, among others. A commentary from R.W. Baird included the astute observation that "The length and rancor of during this financial crisis has raised the question of the United States' willingness to service its debt. This is much more troubling to many creditors than the inability to repay."