Skip to Main Content
Skip to audio player to listen live

Create a Free MPR

news profile

for you

Sign up

Already have an account?

By submitting, you consent that you are at least 18 years of age and to receive information about MPR's or APMG entities' programs and offerings. The personally identifying information you provide will not be sold, shared, or used for purposes other than to communicate with you about MPR, APMG entities, and its sponsors. You may opt-out at any time clicking the unsubscribe link at the bottom of any email communication. View our Privacy Policy.

Welcome back

to news for you

Sign in to your profile

New to MPR News?

Welcome back

to news

for you

Reset Password

Still require assistance or not sure what your User Name is?

Welcome back

to news

for you

Email Verification

A verification code has been emailed to

Still awaiting the code?

July 26, 2011 8:23 AM

Default and the economy

Go Deeper.

Create an account or log in to save stories.

Log in Create a free Account

Like this?

Thanks for liking this story! We have added it to a list of your favorite stories.

Obama Debt Press Conference — President Barack Obama speaks in a rare prime-time address to the nation from the East Room of the White House on July 25, 2011 in Washington, DC. Obama urged passage of a resolution to the problem before the nation defaults on payments of the national debt.
Jim Watson-Pool/Getty Images

The U.S. economy has a tough couple of years, but is showing signs of a slow recovery. But if the federal government defaults on its debt obligations, will it mean a giant step back for the fragile economy?

Economists are not in agreement about what would happen, and we'll talk about possible economic scenarios.

Gallery

1 of 1

Obama Debt Press Conference — President Barack Obama speaks in a rare prime-time address to the nation from the East Room of the White House on July 25, 2011 in Washington, DC. Obama urged passage of a resolution to the problem before the nation defaults on payments of the national debt.
Jim Watson-Pool/Getty Images

Turn Up Your Support

MPR News helps you turn down the noise and build shared understanding. Turn up your support for this public resource and keep trusted journalism accessible to all.

Dear reader,

Your voice matters. And we want to hear it.

Will you help shape the future of Minnesota Public Radio by taking our short Listener Survey?

It only takes a few minutes, and your input helps us serve you better—whether it’s news, culture, or the conversations that matter most to Minnesotans.