Hiram College Professor Jason Johnson appeared on Russia Today to discuss the global economic and political implication of the resolution of the debt ceiling crisis in the United States.
“In the end there are no victories,” says Jason Johnson, a professor of Political Science at Hiram College.
He doesn’t think any of the wrangling between the Republicans and the Democrats has helped the job situation in America. According to Johnson the whole situation is Washington’s fault as it could have been solved months ago.
“No one wants to claim victory over a bill that no one is really happy with,” he points out. He adds that nobody is going to celebrate this bill, but there will be people saying “let’s move forward and try to get other policies through before the end of the year.”
Moreover, he predicts the debt deal will have a huge impact on the 2012 presidential campaign, but he believes that despite the fact that President Barack Obama has the lowest approval rate he has ever had, he can still recover if he can reassert his leadership and do something about the economy.
“The president has got to do something to re-inspire the public,” Johnson concludes