- Áú¹®³»¿ë - Which team do you support? is 300mg of effexor too much tax The report looks at the effects of the last debt ceiling standoff, in summer 2011. Though the nation did not default at that time, even the prospect of default shook the national economy. Consumer confidence fell by 22 percent that summer and did not recover for nearly six months. Likewise, the S&P 500 index plummeted by roughly 17 percent during the time of the showdown, and took several months to climb back to its former averages. Meanwhile, mortgage rates jumped, making homebuying more expensive.
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