Summary: The Chinese government urges our federal government to take the necessary steps in raising the deficit. There are many Chinese investors who have put money into our government and would be drastically economically affected if Congress does not agree on a debt ceiling amount by October 17. China's government claims this also impacts "the global economic recovery".
Analysis: I find it so foolish of Congress to still be, (8 days and counting) arguing amongst themselves over the deficit, really Obamacare. As a result of this federal buildings, national parks are closed for the time being and there's a decrease in the supply WIC to needy families. Also, the families of soldiers who were killed in action will receive less government assistance. All this because democrats and republics cannot agree on the issue of health insurance in our country. Regardless of China's opinion of how we are running our government, our government should be concerned on how we are running our government.
Tyra Harris 5th period
I really hope we can come to a consensus before October 17, if not I fear what's going to follow the decision not to act.
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