So it isn't conservative to think the debt limit should be raised?

Certain conservative blogs have criticized this post, in which I took Michele Bachmann to task for her reckless opposition to raising the debt limit and thus preventing our national debt from going into default.

It seems to me that another conservative needs to be heard from here. This particular gentlemen said, at a moment at which we faced the very same question,

The full consequences of a default — or even the serious prospect of default — by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and the value of the dollar in exchange markets. The Nation can ill afford to allow such a result. The risks, the costs, the disruptions, and the incalculable damage lead me to but one conclusion: the Senate must pass this legislation before the Congress adjourns.

On another occasion, the same gentleman said,

Congress consistently brings the government to the edge of default before facing its responsibility. This brinksmanship threatens the holders of government bonds and those who rely on Social Security and veterans benefits. Interest rates would skyrocket, instability would occur in financial markets, and the Federal deficit would soar.

His name was Ronald Wilson Reagan.