It’s news to no one that the United States’ debt is on an unsustainable course and that lawmakers have chosen dysfunctional and unproductive ways to address that fact.Ī trader works the floor of the New York Stock Exchange at the opening bell, on May 25, 2023, in New York City. In explaining why it was downgrading the United States, Fitch cited “the expected fiscal deterioration over the next three years, a high and growing general government debt burden, and the erosion of governance relative to ‘AA’ and ‘AAA’ rated peers over the last two decades that has manifested in repeated debt limit standoffs and last-minute resolutions.” The reasons Fitch gave for its downgrade were not news Treasury,” said Mark Zandi, chief economist at Moody’s Analytics, in a tweet Tuesday, adding that he believes Fitch’s decision was “off base.” “Ask global investors whose bonds they would rather own if push comes to shove in the global economy - it’s those of the U.S. And in the case of the United States, which is still widely considered a safe-haven investment relative to the rest of the world, that is unlikely to change any time soon. In other words, you’re still seen as highly creditworthy. Nevertheless, a drop from a AAA rating to AA+ is like downgrading your creditworthiness from extremely good to very good, said Marc Goldwein, senior vice president and senior policy director for the Committee for a Responsible Federal Budget. That kind of fiscal brinkmanship has persisted in the years since. Here's what happened the last timeĪs a federal budget expert told CNN at the time, “We’re the only developed nation in the world that talks openly about default.” David Ake/APĪmerica's credit rating got downgraded again. Some 55 initial public offerings, or IPOs, have priced so far this year, raising $9.7 billion in proceeds, according to IPO tracker Renaissance Capital. A strong stock market turnaround is helping spur a resurgence in companies going public a year after the number of Wall Street newcomers fell to the lowest level since the Great Recession. flag flies over the side entrance to the New York Stock Exchange in New York Tuesday, July 18, 2023. It’s important to know these rules before you get to the gym in order to make it a more productive environment for everyone.The U.S. The New Year (gympocalypse) is unique because this is the period of time when most new members join. Everyone starts somewhere and no one has the right to claim their reason for joining a gym is superior to anyone else’s. There’s no place for a “here come all those dam resolutioners” mentality at the gym. Is someone using this bar or were they just too “busy” to clean up after themselves? It’s confusing and somewhat annoying to approach a bar loaded up with weights. When you’re done using free weights, put them away in their proper place. No one likes to workout around the stinky person, and in a confined gym, that stinky person does a lot of damage to the entire gym. You should also wear deodorant and practice good general hygiene. Always wash your gym clothes before wearing them again. Yes the gym is kind of a disgusting place when you think about it (try not to dwell on it for too long), but this does not give you the right to go to the gym wearing dirty clothes. It makes no sense to do bicep curls (or other isolation exercises) on a squat rack when you can just as easily do them anywhere else. Gyms have a limited amount of squat racks but an almost infinite amount of space to do bicep curls in. There are not too many exceptions to this rule and curling in the squat rack is definitely not one of them! The squat rack is a magnet for non-squat exercisers because it’s placed directly in front of a mirror and has easy access to a bar and plenty of weight. Get wireless headphones, turn your music on, and put your phone in away until you’re done working out. ![]() This isn’t only selfish, it also makes your workout much less effective as rest periods increase, intensity decreases, and duration becomes ineffectively long. Don’t use your cell phone while sitting on equipment between sets. It only becomes an issue when your cell phone use prolongs the time you occupy equipment. No one really cares if you use your cell phone at the gym. ![]() ![]() Instead, use a jump rope or body weight exercises in conjunction with gym equipment to increase intensity without inconveniencing others. Avoid taking more than one machine at a time during heavy traffic. When the gym is crowded, these supersets are impossible to do without inconveniencing a lot of people. Supersets are a great way to increase intensity.
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