Solving the Debt Crisis with Ilyce Glink on the Erick Erickson Show August 1, 2011:
It’s a big day for business news, starting with the pending Congressional vote on a plan to resolve the debt ceiling debate and arrive at a deficit reduction compromise. Will productive steps be taken toward solving the debt crisis? Eric Cantor, the Republican House Majority Leader, says he has the votes to make it happen. The news team is on standby, ready to break in with updates as I talk with callers and guests.
In other business news:
- Ford issued a major recall through NHTSA.
- Factory growth has slowed to 2009 levels – yikes.
- Construction numbers rose 0.2 percent in June.
- Mansions no longer seem to be enough space and luxury for the fabulously wealthy. The Wall Street Journal recently published an article, “My Own Private Island.”