|
Movies Books Music Food Tv Shows Technology Politics Video Games Parenting Fashion Green Living more >

Lunch » Tags » Finance » Reviews » Obama's Announcement of Debt Deal to End U.S. Debt Crisis

Obama's Announcement of Debt Deal to End U.S. Debt Crisis

3 Ratings: -2.7
An announcement that President Obama made on July 31st, 2011.

On July 31, 2011, President Barack Obama announces that leaders of both parties have reached an agreement to lift the debt ceiling and reduce the federal deficit, and separately, House Speaker John Boehner told Republicans that they have reached the … see full wiki

Tags: Business, Politics, Finance, Obama, Debt Crisis
3 reviews about Obama's Announcement of Debt Deal to End...
review by . August 06, 2011
All for
ItIt makes me wonder, is this a show of hands or is it simply a camouflage to the world? This tussle about the debt ceiling looks to me (possibly just me since I don't hear anyone talk about this "idea") like a signal to the world that should United States one day has to answer to its many debtors, it's a case of "we had tried our best to resolve the issue" rather than having to swallow the bitter pill wIt makes me wonder, is this a show of hands or is it simply a camouflage …
Quick Tip by . August 05, 2011
Caption
Nothing new here. The fact it took so long to "resolve" something of this proportion, well, the president is certainly losing his Midas touch! Fact of the matter is that nothing is quite resolved, the way I read it. In less than a week, the stock market plunges again and we'll see more drops to come, I'm sure. Be it the currency or the stock market, we are in for rough times!      I'm sorry to say this, folks. As with some economists, I agree with them on …
Quick Tip by . August 06, 2011
Caption
I'm downgrading the rating from -3 to -5. In an unfortunate turn of event, the S&P still downgrade the US AAA to an AA-plus rating and more downgradings expected in future... The Congress appeared to have work for nothing over the debt deal! How unfortunate! More trouble ahead for the rest of the world too! See review for more details!     
What's your opinion on Obama's Announcement of Debt Deal to End...?
rate
3 Ratings: -2.7
You have exceeded the maximum length.
Photos
Obama Announcement of Debt Deal to End U.S. Debt Crisis
Details
Related Topics
Politics

Obama's Tax Plan

Taxes

A payment exacted by legislative authority.

Bank Crisis

A systemic risk in the banking system

Inflation

The devaluation of money.

First to Review

"All for "nothing"!"
© 2014 Lunch.com, LLC All Rights Reserved
Lunch.com - Relevant reviews by real people.
()
This is you!
Ranked #
Last login
Member since
reviews
comments
ratings
questions
compliments
lists