George, debt isn't always that evil. If it's investment that has a good chance of paying off, then raise the debt ceiling I say!
It really all depends on what you're borrowing money for. It doesn't make sense to borrow money to buy stuffs that depreciate with time, however, buying a house or business with borrowed money isn't quite the same because not only is it possible to increase in value over time, but it's also possible for them to generate income!
Infrastructure could be paving the way as investment..., however it is possible for stupid politicians to simply waste the money building bridges to nowhere too...
Anyway, point is as long as there's a good chance to get some returns in the future, I don't mind having no debt ceiling.
Adjusting the debt ceiling isn't the issue for me, but wasting taxpayers' money for stupid wars is.