What will a 10% drop in the stock market cost the economy because of the debt ceiling debate vs. Obamacare?

2013-09-28 3:00 am

In August 2011, the debt ceiling debate "contributed to an approximate US$2.5 trillion erased from global equity value" in one day alone.

Funding the government seems like a lot cheaper option, Obamacare or not.

http://en.wikipedia.org/wiki/August_2011_stock_markets_fall#North_America

更新1:

"And then it went back up. Yawn. " And so did most economic metrics from the 2008 recession. No biggie then, right? Bring on the recessions?

回答 (2)

用戶67816

2013-09-28 3:02 am

"In August, 2011..."

And then it went back up. Yawn.

NEXT!!!

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[匿名]

2013-09-28 3:36 am

Hahahaha - is THAT how the republicans are going to spin it? That's great.

What happens when the stock market goes UP???? OMG - republicans would panic and run around like headless chickens.

👍 0 👎 1

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