primarily because the rest of the world was in such bad shape. you can't, you know, bet on that forever. i want to play for you congressman, republican from florida, talking about his view of how the debt ceiling works. lets watch. >> many nonpartisan economists biggest banks in new york say you fail to raise the debt limit it will be a catastrophe for the world economy. it doesn't convince you? >> i'm not convinced that's true. i've talked to economists and read a lot of articles on this and talked to bankers. we're not going to go into default. so raising -- hitting the debt ceiling doesn't equal defaulting. >> now, it's true hitting the debt ceiling does not equal default but should we turn to congressman yoho from florida to tell us how to run the economy and debt ceiling.