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and those who understand the workings of the economy are behind us in our attempt to try and get this jenna: could they find 150 economists that would agree that raising taxes i guarantee you they could. look at tim geithner as an economist, and he says, look, on august 2nd, we re going to run into all kinds of problems including higher borrowing costs which is going to co jobs. i guarantee you these 150 economists would say, you know what? even if we default, it s going to cost more jobs if we raise that debt ceiling and continue this rampant, out of control spending in d.c. jenna: and that s the confusing part about know what the stakes are. sometimes you hear the term economic armageddon, sometimes you get a shrug like it ll be all right. i know. jenna: the markets are trading lower, not related, necessarily, to this debt talk. but, you know, what are the scenarios in front of us? well, this market lower today is really a signal of the slowing economy, without question. i

Tim geithnerOn august 2ndBorrowing costsEco jobsAugust 2ndDebt ceilingJenna leeOut of controlDebt talkTrading lower