http://www.economist.com/news/united-states/21588089-congresss-just-time-agreement-ignores-countrys-long-term-problems-last-minutemen
This article sheds light on the costly mistakes and last minute deal making of the United States government. I like the article because it shows how the Senate had to bail out the government with a last minute decision but has to revisit the issue again. There was a few opinions in the article that I agreed with as well. I agreed that the sequester was the consequence of disagreements about the budget deal. I think that the sequester hurts our defense projects immensely because of the 10% budget cut. I liked the part of the article that talked about how the Treasury uses techniques like delaying payments to government workers to pay bills. This piece showed how miscommunication and lack of deal making, directly affects employees. These decisions not only affect the government but projects that are funded by them. Defense is a major department that has to take a hit. I believe that these decisions will hurt many parts of our country and economy. I didn't like how the article featured China's role in the argument. I also was annoyed by their blatant opinions in the article because it shadowed the actual content.
These decisions have already hurt the U.S. economy. Anytime the United States government has to do something at the last minute or gets done late, everybody is worse off. The citizens think the government does nothing and the nation's credit rating falls (most recently on Aug. 5th, 2011) which makes the debt harder to pay off.
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