We hope our readers in the US enjoy some deserved R&R this long Labor Day weekend — we’re all going to need it ahead of what is likely to be a chaotic autumn.September will be the busiest month of the year for economic policymaking, with at least three items that directly and immediately affect the economy sure to be debated by Congress and the President.First, a spending bill to keep the government running and avoid yet another shutdown must be passed by September 30th, whether it’s a new budget or a temporary continuing resolution.Second, the Treasury is expected to run out of options to avoid hitting the debt ceiling by early- to mid-October. For obvious reasons it would be helpful to have raised the ceiling by the end of September, before the potential shutdown.Third, the President
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We hope our readers in the US enjoy some deserved R&R this long Labor Day weekend — we’re...