Tom Roth

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Last quote by Tom Roth

The expectation is that it will be a short-term deal to get us through the next presidential election. It will ultimately not solve any of the longer-term problems that we have from a fiscal deficit perspective. And what that essentially means is that there is a likelihood, I think at this point, that we do see a downgrade of the long-term treasury rating of the United States.feedback
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Jul 27 2011
Tom Roth has most recently been quoted in an article called US debt crisis: downgrade or default?. Tom Roth said, β€œThe expectation is that it will be a short-term deal to get us through the next presidential election. It will ultimately not solve any of the longer-term problems that we have from a fiscal deficit perspective. And what that essentially means is that there is a likelihood, I think at this point, that we do see a downgrade of the long-term treasury rating of the United States.”.
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