Our fumbling government's response since Beirut - during both Republican and Democratic administrations - has been to cut and run, or to flat ignore this growing threat, apparently hoping it would go away.
The mid-life crisis is just those times when you're not so into the things you were when you were younger.
The American people were really not 100% convinced that this idea of default was really going to occur, and I think the media, current company excepted here, did not help in that regard because they confused the American people about what default actually meant.