Thursday, October 17, 2013

In the Nick of Time

US President Barack Obama has signed legislation passed by Congress Wednesday to temporarily lift the debt ceiling and end the government shutdown, averting the threat of default just hours before the October 17 deadline.

  RT
They watch too many American action adventure movies.

And here’s what it cost (not counting what it did to individual citizens).
Standard & Poor's says the shutdown in total cost the US economy $24 billion, or $1.5 billion per day, the rating agency said Wednesday. The agency also estimated the shutdown will pare fourth quarter GDP by 0.6 percent.

[...]

"The bottom line is the government shutdown has hurt the US economy," the S&P statement said.

  RT
...but hey, do what you want...you will anyway.

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