2 ms·
since the US dollar is the world's reserve currency you probably don't want the credit rating dropping even if you're not an american. the shutdown is maddenin
by clairity 8y ago
since the US dollar is the world's reserve currency you probably don't want the credit rating dropping even if you're not an american.
the shutdown is maddening but we seem to have come to accept it as a normal escalation tactic. what concerns me more is the move away from norms to laws restraining the executive branch. that can potentially reduce the effectiveness of future presidents and shift the careful balance of federal power in ways we may not like. but on the flip side, i'm glad the federal government has been shown (so far) to be resilient to an inept president.
- ngcc_hk 8y agoThe resilience is a surprise but great so far as an institution. For how long and whether there is a last x on camels back ...