'I can't guarantee that they wouldn't force a default by doing something outrageous,' he said. Yellen also warned that a debt ceiling breach could affect essential government services.īiden said Sunday he thinks an agreement can be reached with Republicans, but that it is not certain. She also noted a Moody's Analytics report which found similar numbers, with more than 7 million Americans out of work and $10 trillion in household wealth evaporated. 'We're focused on raising the debt ceiling, and there will be hard choices if that doesn't occur,' she told NBC's 'Meet the Press.' 'There can be no acceptable outcomes if the debt ceiling isn't raised, regardless of what decisions we make.'Īt the Independent Community Bankers of America Capital Summit on Tuesday, Yellen said the White House Council of Economic Advisers found that a default could lead to an economic downturn as bad as the Great Recession, with 8 million Americans losing their jobs and the stock market's value falling by about 45%. Yellen reaffirmed her warning that the United States could default on its debt as early as June 1, which she has said could cause widespread ' economic chaos.' There will be no good outcome if Congress fails to take action, she said. Treasury Secretary Janet Yellen said Sunday that 'hard choices' will need to be made about which bills will go unpaid if the debt ceiling is not raised.

And that means both sides have to have compromise,' McCarthy said Sunday. 'I think he's got to get away from the socialist wing of the Democratic Party and represent America. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower

She added that knowing how Obama makes decisions made her feel safe because he actually thought about his decisions.Best Debt Consolidation Loans for Bad Credit Meanwhile, another wished they could have Obama back as president. 'A fantastic read,' Brad Wollack commented. Many praised the former president for the way he approached things. Obama shared the link of his blog post on Twitter and it received several responses from the netizens. Stanley Ann Dunham used to tell him, 'The world is complicated, Bar. Obama also credited his mom's contribution to the way he makes decisions. That way, we can rest a little easier knowing that did the best we could in the circumstances, come what may.'

'The best we can do is find a framework that helps us consider our choices, knowing that there may not be one perfect answer. 'We’re constantly assessing how to act and what to do, carefully weighing the safety of each choice. He also recognized the fact that regular Americans have to make countless decisions daily. Obama shared that there were several complex situations that he needed to adjudicate when he was in the Oval office and he understood that it was part of the job of the president. While I couldn’t guarantee the outcome, I was confident in making the decision.' One simple way is to make your own Best Meeting Time form. And then I made a decision that reflected my own personal sense of what was right. Matching up school and work schedules of officers and members is a difficult task. 'It was an operation rife with uncertainty and risk. Should this situation arise, Congress gets to pick the next president and vice president. 'Everything I learned about making impossible decisions during the first two years of my presidency culminated in one of the toughest choices I had to make: whether to authorize the raid to take out Osama bin Laden,' Obama wrote. The former POTUS wrote a lengthy blog post on Medium on how he approached the toughest decisions in his life saying, 'Our choices reflect and determine who we are.' Obama shared that authorizing the raid of al-Qaeda terrorist Osama bin Laden was one of the toughest decisions he made during his presidency.

Twitter users praised Obama because he doesn't rush things when making decisionsīarack Obama shared one of the toughest decisions he made when he was the president and what he did at the time.

Obama listened to the people around him and thought hard about it before deciding on the issue.

Not every business president makes informed decisions, but there are at least some business presidents who bother to become well informed before.

Barack Obama said the raid to take out Osama bin Laden was among the toughest decisions he has ever made A business president can make informed decisions.

President making hard decisions