2011 Economic ForecastSurvey Response: Debt Ceiling

January 3 – January 6, 2011John K. Paglia, Senior Researcher,

Denney Academic Chair, and Associate Professor of Finance

Would an increase in the $14.3 trillion U.S. debt limit be beneficial or detrimental to U.S. businesses in 2011?

Answer Response %Beneficial 61 6.7%Somewhat beneficial 137 15.0%Neutral 170 19.0%Somewhat detrimental 267 29.0%Detrimental 281 31.0%Total 916 100.0%

Would an increase in the $14.3 trillion U.S. debt limit be beneficial or detrimental to U.S. businesses in 2011?

6.7% 15.0%

19.0%

29.0%

31.0%

BeneficialSomewhat beneficialNeutralSomewhat detrimentalDetrimental

John K. PagliaAssociate Professor of Finance

Senior Researcher, Pepperdine Private Capital Markets Project

bschool.pepperdine.edu/privatecapitaljohn.paglia@pepperdine.edu

Contact