The whole point of the debt ceiling is to show us just how much we're spending. Every time we raise it, it's a reminder that our spending is out of control.
The US is like a fat person trying to lose weight by eating less, so we use a smaller plate to limit how much food we can eat (the debt ceiling). Only now, we finished everything on our plate and want more. Obama solution is to just make the plate bigger. joe1234's solution is to get a bigger plate (raise the debt ceiling) and pile more food on the plate even higher than before (raise taxes). Neither solution involves eating less (the Republicans' answer).
We can't keep eating so much. Eventually, we're just going to barf it all up, shit all over the place, or (more likely) both at the same time.
Has this dumbed it down enough for you joe1234?