US credit downgrade
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Anonymous
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Bond market isn't liking this:
https://www.cnbc.com/2025/05/16/moodys-downgrades-united-states-credit-rating-on-increase-in-government-debt.html There's no sugar coating this turd - the tax cuts simply can't be passed without adding on trillions in more debt, debt that is now becoming a huge economic drag on the country's finances. The tax cuts need to expire and go away. |
Anonymous
| Well, here we go. |
Anonymous
| First time in modern history. |
Anonymous
| But we should elect a businessman who will be good for the economy |
Anonymous
| Harvard has a better credit rating than the US government. |
Anonymous
That's no surprise. Harvard has a huge endowment. |
Anonymous
| The President should run the country like a CEO. 🙄 |
Anonymous
Definitely has much better leadership! |
Anonymous
| Trump's economy sucks. |
Anonymous
Gee, how could we possibly have know that Mr. Bankruptcy going on and on about tariffs during the campaign would be such a horrible POTUS? It's so shocking! |
Anonymous
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Wasn't it just a few years ago that our "soft landing" economic success after COVID was the envy of the world, quite literally? Are we winning yet? *sigh |
Anonymous
| It was a couple of months ago that Biden left office with the best economy in the world. |
Anonymous
So modern history started in 2023? |
Anonymous
Right. Jesus. |
Anonymous
Sec.of the Treasury said, "Who cares," when in Met the press today. So many fools in this administration ! |