The NFL Settled Its Dispute, But Can Congress?
Producer
Could Congress learn something from the National Football League?
After all, the NFL and its players ended their months-long row over how to carve up their financial empire Monday by agreeing to a multi-billion, 10-year deal. Both sides were heavily criticized for trading insults and squabbling over a fortune at a time when everyday families are struggling to make ends meet. After a four-and-a-half-month lockout, an agreement came just in time, though, as teams began training Tuesday and regular season will start as scheduled on September 8.
Does any of this sound familiar?
With four days left before the United States hits its debt limit, Republicans and Democrats still cannot agree on a deficit plan. Both sides have been at impasse for weeks with lawmakers locked in a blame game that has brought the country to the brink of an unprecedented debt default, which could plunge America back into recession and trigger economic turmoil globally.
Certainly, it seems there are some similarities between the NFL lockout and debt showdown in Washington.
"Let's get it settled," Buffalo Wild Wings CEO Sally Smith said of the debt morass. "The NFL did. Congress can, too.
"I want it to get settled because I think the consumer is waiting. Certainly businesses are waiting to figure out how they want to expand."
Smith's comments made her the latest in a growing number of CEOs, who want the White House and Congressional leaders to finally reach an agreement on the U.S.'s debt woes. The 53-year-old executive appeared on Friday's "Mad Money."
Reuters contributed to this report
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