Sunday 6 October 2013

Economic confidence surges down within a week of shutdown

It has not even been a week since the shutdown of the public services in the US, however, it is reported that there has been a drastic decrease in the economic index for the nation.
 After Obamacare was declined by the legislature due to the already high debt of the U.S, there was an economic breakdown of services as the executive and legislature could not come to a reasonable agreement, this meant that many services were closed down. During this period, the economic index has now fallen down to minus 34, 14 lower than the previous week and the lowest since December 2011!
The legislature are adamant that they will not allow Obamacare to go through as it will raise the debt ceiling, however the treasury have already notified that the debt ceiling will need to be raised by October 17th before some bills go back to default.
Do you think the Legislature should allow Obama to pass Obamacare in a bid to get rid of the controversy at hand?

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