By KPR
Lexington, KY – More than politicians on Capitol Hill are taking stock in the current US debt ceiling debate. University of Kentucky professor of economics, John Garren says finding a solution to long term debt can be a confidence builder for Kentucky business people.
"Confidence in the environment that if you invest now that there will be an environment in the future that you can rely on that you'll make your money back and not that it's all gonna be taxed away or inflated away with or the government printing money."
Garren believes the best remedy for now is to cut spending and raise of the debt ceiling. He says that would send a positive message to the financial markets.