When gross domestic product (GDP) growth slides back to negative after a quarter or two of positive growth. A double-dip recession refers to a recession followed by a short-lived recovery, followed by another recession.
USA get its hands on the debt ceiling crisis and establishes a framework for a return to fiscal reality there will be a resumption of confidence. With that renewed confidence would come more consumer spending, more business spending and investment, investors (both in and out of the country) would be looking for new opportunities to put money to work.
The confidence that would come from a resolution of the budget dilemma would, by itself, be the tonic the economy needs to get moving forward again.
