An American activist and radio host says the whole debt limit œcharade” in Washington was to avoid having a public discussion of œreal economic problems facing the people of the United States.”
œWhen you look at the deal that was cut, as portrayed in Washington Yesterday, you can look at it from at least two perspectives. One is the retail politics/mass media version of what happened,” Don DeBar, anti-war activist and radio host, said Thursday in a phone interview with Press TV.
œAnd the other is the actual economic and political game that™s being played and how it relates to the fundamentals which were never a part of the conversation.”
On Wednesday, both chambers of US Congress approved a short-term bill brokered by Senate leaders that raises the debt ceiling until February 7 and funds the government until January 15.
The measure was also signed into law by President Barack Obama shortly after midnight.
For sixteen days beginning on October 1, the US government shut down much of its function because congressional Democrats and Republicans failed to agree on a budget to keep funding government operations.
While the bipartisan deal saved the US from an unprecedented default on its debt and put an end to a shutdown which, according to a Standard & Poor™s analysis, cost the nation™s economy at least $24 billion, some economic experts say the measure has forced the US economy to face new threats.
œNo one™s talking about or offering a real critique fundamentally of the system, the US and EU capitalist economic imperial system. That has been completely pushed off the table by this charade also,” DeBar pointed out.
AN/ISH
Copyright: Press TV