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Thursday, October 3, 2013

Recession Likely if Debt Ceiling Isn't Raised

Many economists expect a recession if the debt ceiling isn't raised.  This will affect jobs in both the public and private sector.  The fact that Congress can't get its act together is one problem.  The fact that the debt ceiling needs to be raised, again, is another problem.  Neither side is serious about spending, so we can expect more of this.

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