The last-minute deal on the debt ceiling may prevent a government default, but it does little to avert a perfect storm of economic problems pushing the nation toward a new downturn and more financial pain for millions of Americans.
Instead of increasing confidence in the future, the emerging agreement seems to have underscored the near paralysis in Washington — and the fact that no substantial new efforts are likely for dealing with unemployment, lagging consumer spending or other problems that have been dragging the economy down. | Seattle Times Newspaper
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Instead of increasing confidence in the future, the emerging agreement seems to have underscored the near paralysis in Washington — and the fact that no substantial new efforts are likely for dealing with unemployment, lagging consumer spending or other problems that have been dragging the economy down. | Seattle Times Newspaper
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