When President Obama publicly addressed the debt ceiling debate last month, he made an intriguing statement about his daughters. He said that Malia and Sasha never wait until the day before to get their homework done. They get their work done a few days before it’s due. He was pushing Congress to make decisions and come up with a plan of action – quite on the contrary of kicking economic problems down the road. We may be sitting on a political safety net throughout 2011, but come 2012 and 2013 get ready, because the global financial crisis is looming overhead.
*Any opinions expressed in the Money Matters segment are directly those of the author as a financial expert, and not necessarily the opinions and/or reports from NBC25 News.