Not really. Curiously, while all the news networks talk nonstop about the GOP and Dems both battling out some resolution to the debt crisis on Capital Hill, we really don't feel it at the everyday Joe the plumber level most of us live in. Yes, gas prices have gone up and food prices and such but those are market factors at work, when was the last time you actually said "Oh damn, the national debt prevented me from buying
XYZ" Really, the US has held a debt for the better part of time since the 1940s if not earlier. Only recently did the debt really jump to the levels we're panicking about today.
Since neither side of the political spectrum seems to want to budge (I think they're suffering from a severe case of Kindergarten "I don't wanna"itis) it could be a possibility that the US might default on her loans. Why can't this happen? Well, for better or for worse, the US' position as the main superpower of the world politically and economically (at the time being, China is creeping up fast) means defaulting would show weakness, and in the massive global game of chess, the US's position of King of the West needs to be guarded. There is a reason why whenever some crisis occurs in Africa or Asia, it's the United States who is called upon to provide aid. We have the money, the resources and the man power to do so, it's the basis for how she can get other nations to do what she wants. If the US defaults, her hegemony is essentially halved or even more (less?). The message sent out to the world isn't one of power, omnipotence and omniscience regarding international affairs, but as the fallen giant who epitomizes the reason we had our last recession, spending money we didn't have. So, while today we might not directly feel the impact of the debt, in the next few years we probably will, and not in the "I can't buy
this" sense, but in the "Who gives a shit about the country who can't pay its own debts?" sense the next time we try to do something big in the international arena.
Politicians needs to stop bickering and get off their sorry asses and get shit done. They've forgotten the reason they're in their elected position in the first place, to serve the nation and put the interests of the public in the forefront. Instead, they've gotten stuck trying to put down the opposing party and blowing hot air. My generation is already economically screwed over thanks to these goons who think raising the debt ceiling will change anything. Ignoring the problem or sweeping it under the rug won't do anything, in five years, we'll be right back where we started only to find the problem has grown even bigger.
So Republicans and Democrats: Stop acting like little children and get your shit together.