Debt ceiling increases don’t fix the economy.

http://www.bloomberg.com/news/2011-08-02/u-s-stock-index-futures-retreat-on-concern-economic-recovery-is-faltering.html

Washington spent a month coming up with a goose egg. “The debt deal "does not put the U.S. on a sustainable fiscal path," economists at Barclays Capital wrote in a note to clients, adding "weakness in U.S. growth has the potential to offset most of the savings CLAIMED(emphasis added) by the debt reduction package."”
Read more: http://www.foxbusiness.com/markets/2011/08/02/futures-fall-amid-economic-lingering-debt-concerns/#ixzz1TtxB7L4i