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Monday, August 1, 2011

CBS: President Obama: Deal reached on debt crisis

Something had to happen and it finally did, but it may be premature believing the deal is done. Even though the President claims a deal is reached, he knows it is not a done deal: CNN: Obama: 'We're not done yet' as debt deal goes to Congress.

It may turn out that MSNBC: Inside Congress: Coffee, long hours, common ground has only been geared towards the fact The New York Times: To Escape Chaos, a Terrible Deal could turn our economy around and you could experience CNN: 'Life' as you've never seen it in the near future.

There are already MSNBC: 10 signs the double-dip recession has begun and if that seems unlikely to you, then keep the following headline in mind: CBS: Debt deal likely to put hurt on states, poor. You know what that means don't you? When the spending cuts affect your state, it will affect you.

Fox News: Obama, Congressional Leaders Strike Debt Deal — Now, Can They Sell It?
That may be wishful thinking, but personally, I don't think there is a soul in the world who would give a penny for it, let alone $14 trillion.

TIME: With Debt Deal Reached, Can Congress Swallow Its Own Bitter Medicine?
If we can then so can Congress. A spoonful of sugar makes the medicine go down, or in other words:

Sugarcoat it!

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