US credit worthiness downgraded yet again

Anonymous
Anonymous wrote:
Anonymous wrote:Are you saying that Republican brinkmanship is not the cause? That it's harmless?

Hmm.

Fitch: It’s the Republicans

Yes, it’s the Republicans.
Anonymous
Anonymous wrote:But keep in proposing trillions in free student loan forgiveness, cash handouts, green initiatives, free healthcare, free housing, free childcare, free this, free that.

Democrats are delusional. Keep on blowing up the govt credit card. No one ever has to pay for all of this 'free' S#@*, right?

Free, free, free...everyone deserves something free from Uncle Sam these days because they simply exist and breathe air.

Terrible:

https://www.barrons.com/news/fitch-downgrades-us-credit-rating-after-debt-limit-standoffs-782ab003




This isn't about spending. It's about stability and governance. Almost going over the cliff on the debt limit, failing to pass a budget for years at a time, etc., etc. is the issue.
Anonymous
Anonymous wrote:
Anonymous wrote:But keep in proposing trillions in free student loan forgiveness, cash handouts, green initiatives, free healthcare, free housing, free childcare, free this, free that.

Democrats are delusional. Keep on blowing up the govt credit card. No one ever has to pay for all of this 'free' S#@*, right?

Free, free, free...everyone deserves something free from Uncle Sam these days because they simply exist and breathe air.

Terrible:

https://www.barrons.com/news/fitch-downgrades-us-credit-rating-after-debt-limit-standoffs-782ab003




This isn't about spending. It's about stability and governance. Almost going over the cliff on the debt limit, failing to pass a budget for years at a time, etc., etc. is the issue.



You didn't even read what Fitch said. Half of it is because of brinkmanship, the other half of the overwhelming debt that's growing and crushing the country.

But yeah, keep on proposing to hand out more free stuff.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:But keep in proposing trillions in free student loan forgiveness, cash handouts, green initiatives, free healthcare, free housing, free childcare, free this, free that.

Democrats are delusional. Keep on blowing up the govt credit card. No one ever has to pay for all of this 'free' S#@*, right?

Free, free, free...everyone deserves something free from Uncle Sam these days because they simply exist and breathe air.

Terrible:

https://www.barrons.com/news/fitch-downgrades-us-credit-rating-after-debt-limit-standoffs-782ab003




This isn't about spending. It's about stability and governance. Almost going over the cliff on the debt limit, failing to pass a budget for years at a time, etc., etc. is the issue.



You didn't even read what Fitch said. Half of it is because of brinkmanship, the other half of the overwhelming debt that's growing and crushing the country.

But yeah, keep on proposing to hand out more free stuff.


Like unfunded tax cuts for the 1% that have exploded the debt and deficit spending?
Anonymous
Anonymous wrote:Are you saying that Republican brinkmanship is not the cause? That it's harmless?

Hmm.


I think we all know the GOP threat to default led to this downgrade.

Plus all the tax cuts for the very rich that Trump and the GOP pushed through.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Are you saying that Republican brinkmanship is not the cause? That it's harmless?

Hmm.

Fitch: It’s the Republicans

Yes, it’s the Republicans.



The Republicans do not like government, don’t want it to work well, and want to burn down the country. They DGAF about anything, except guns and Trump.
Anonymous
Anonymous wrote:Genius,

Reagan took the deficit from $70 billion to $175 billion.
Bush 41 took it to $300 billion.
Clinton got it to zero.
Bush 43 took it from zero to $1.2 trillion.
Obama halved it to $600 billion.
Trump took it to a trillion.


? You're confusing the annual budget deficit with the national debt
Anonymous
Bidenomics.

Spend money you don't have, promise people things you can't provide, flood the country with cheap, unskilled labor, then sit back as things implode.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:But keep in proposing trillions in free student loan forgiveness, cash handouts, green initiatives, free healthcare, free housing, free childcare, free this, free that.

Democrats are delusional. Keep on blowing up the govt credit card. No one ever has to pay for all of this 'free' S#@*, right?

Free, free, free...everyone deserves something free from Uncle Sam these days because they simply exist and breathe air.

Terrible:

https://www.barrons.com/news/fitch-downgrades-us-credit-rating-after-debt-limit-standoffs-782ab003




This isn't about spending. It's about stability and governance. Almost going over the cliff on the debt limit, failing to pass a budget for years at a time, etc., etc. is the issue.



You didn't even read what Fitch said. Half of it is because of brinkmanship, the other half of the overwhelming debt that's growing and crushing the country.

But yeah, keep on proposing to hand out more free stuff.


Like unfunded tax cuts for the 1% that have exploded the debt and deficit spending?



Like Biden spending an unnecessary $1T+ in stimulus spending and handing out unnecessary stimulus checks 2 months into office that exacerbated inflation.
Anonymous
Anonymous wrote:Bidenomics.

Spend money you don't have, promise people things you can't provide, flood the country with cheap, unskilled labor, then sit back as things implode.


We could easily increase taxes on capital gains, remove the cap on social security and slightly increase income taxes overall, and reduce our military budget to something sane and we'd never have a funding problem again.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:But keep in proposing trillions in free student loan forgiveness, cash handouts, green initiatives, free healthcare, free housing, free childcare, free this, free that.

Democrats are delusional. Keep on blowing up the govt credit card. No one ever has to pay for all of this 'free' S#@*, right?

Free, free, free...everyone deserves something free from Uncle Sam these days because they simply exist and breathe air.

Terrible:

https://www.barrons.com/news/fitch-downgrades-us-credit-rating-after-debt-limit-standoffs-782ab003




This isn't about spending. It's about stability and governance. Almost going over the cliff on the debt limit, failing to pass a budget for years at a time, etc., etc. is the issue.



You didn't even read what Fitch said. Half of it is because of brinkmanship, the other half of the overwhelming debt that's growing and crushing the country.

But yeah, keep on proposing to hand out more free stuff.


Like unfunded tax cuts for the 1% that have exploded the debt and deficit spending?



Like Biden spending an unnecessary $1T+ in stimulus spending and handing out unnecessary stimulus checks 2 months into office that exacerbated inflation.

The economy looks pretty good. I trust Democrats with the economy. I can trust the Republicans to play will they won’t they purely for the brinksmanship.
Anonymous
Anonymous wrote:Bidenomics.

Spend money you don't have, promise people things you can't provide, flood the country with cheap, unskilled labor, then sit back as things implode.


A record $7.8 trillion in new debt under Trump. Trumpanomics. He specializes in debt and bankruptcies.
Anonymous
Anonymous wrote:
Anonymous wrote:Bidenomics.

Spend money you don't have, promise people things you can't provide, flood the country with cheap, unskilled labor, then sit back as things implode.


We could easily increase taxes on capital gains, remove the cap on social security and slightly increase income taxes overall, and reduce our military budget to something sane and we'd never have a funding problem again.


Dream on, baby.
The government is addicted to spending. They will always spend more than they have. Then, they will just continue to increase taxes little by little.

Anonymous
Anonymous wrote:
Anonymous wrote:Bidenomics.

Spend money you don't have, promise people things you can't provide, flood the country with cheap, unskilled labor, then sit back as things implode.


We could easily increase taxes on capital gains, remove the cap on social security and slightly increase income taxes overall, and reduce our military budget to something sane and we'd never have a funding problem again.


You're only 1/3rd right.

Cut spending on social security and Medicare/Medicaid too. Those eat up over half of all tax revenue right off the top.

Of course for Democrats, it's almost always a tax problem, it's never a spending problem, except for military. Cuts across the board please. Nothing is safe, including SNAP benefits, housing programs, education, food stamps, and all other social programs.

You can't tax your way out of spending addictions.

Anonymous
Anonymous wrote:Bidenomics.

Spend money you don't have, promise people things you can't provide, flood the country with cheap, unskilled labor, then sit back as things implode.


Except what you write is not what Fitch cited as the reason for the downgrade. Keep up, please.
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