According to Mark Warner, it’s possible that the debt ceiling issue won’t get fixed, and that this would be playing “Russian Roulette” with the economy, risking a major financial meltdown among other things. Warner adds that most of the business community is underestimating the threat here, assuming it’s “just one more political squabble and that we’ll get it fixed.” Warner believes that if we go “over this cliff, we don’t have a lot of tools left” to deal with the situation, making this a very “dangerous” scenario. Bottom line according to Warner: it’s time for the business community to speak out, beyond “attaboys,” and put “real serious pressure” on politicians to reach a debt ceiling deal ASAP -or else!
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