Economic Program | Memo
Economic EKG: What the Last Debt Ceiling Crisis Did to Our Economic Health
The economic heartbeat of America is measured through a number of indicators—from job growth to consumer confidence. During the debt limit crisis of 2011, our nation’s EKG started to falter, triggering a drop in employment, confidence, manufacturing, and markets. In this memo, we provide a snapshot of how six areas of the economy responded to what was merely a close call on default in 2011.
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