If it were Italy, and the Italian government were no longer able to function and to pay its staff, people (myself included) would say that the political class has shown itself unfit to govern.
As it is, it is America in this position. The problem is that the law does not permit the Government to borrow more than $16,699,000,000,000.
But it needs more. A lot more. Perhaps that is what we should be focussing on.