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First, consider the context. America already fragile economic psyche and its global standing have taken a material hit. Forget about spirits for now. Instead, worry even more about an economy that is already fake uggs boots on sale for cheap having tremendous difficulty sustaining an acceptable growth momentum, and that already suffers from an that is increasingly cheap fake ugg boots for sale
protracted in nature. Analysts will now scramble to again revise down their projections for growth, and up those for .
Second, remember the content. The debt and deficit issues that are at the root of the debt ceiling drama are, unfortunately, a small part of a much larger set of structural impediments to employment, investment and wealth creation. The housing sector is still languishing, credit intermediation is uneven, infrastructure investment is lagging, job skill mismatches are increasing, and income and wealth inequalities are worsening.
Third, lament the process. Virtually all Americans worry about these problems and too many feel them acutely on a daily basis. Astonishingly, however, our elected representatives and their appointees are just bickering and, fake ugg from china
distressingly, failing miserably to communicate a vision that provides for even the smallest amount of medium term optimism. The endless political squabbles compel all to question whether politicians are aware of Main Street realities, let alone up to the task of making things better.
Finally, don forget the international angle. Anyone who travels will tell you that America friends and allies are bewildered at what is going on here (and its enemies rejoicing). This comes at a time when the country can ill afford to lose the confidence of large foreign holders of US Treasury bonds, overseas manufacturers with factories here, those that use the dollar as the reserve currency, and fake uggs that look real for sale
the many who have outsourced to here the intermediation of their hard earned savings and pensions.
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