If you’ve turned on the tube recently, it’s been dominated by debt debates and dividing NFL dollars (although now everyone should be tuning into Shark Week and/or the last season of Entourage). Appropriately, there are many similarities between the two cash-clashes. If you knew anything about football, you knew there was going to be a season. If you know anything about finance, you know there is going to be a debt deal. Why? Because the world would stop without both. Everything that is being aired on TV is based on “what-if” scenarios.
What if the two sides (players/owners) can’t reach an agreement?
What if the two sides (republicans/democrats) can’t reach an agreement?
Answer to both: chaos ensues.
This is why the NFL was able to reach a labor agreement – this is why Congress will reach an agreement – and this is why your granny can breathe easy knowing her Social Security check will arrive on August 3rd. What if it doesn’t? We’ll never know…at least, not yet.