US credit worthiness downgraded yet again

[Anonymous]

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So funny to read these comments from the Fox News/MSNBC viewing crowd that have been duped into thinking everything wrong with this country is the fault of the evil other side. Our Federal Government has been in decline for decades as a result of being run by two failing political parties. It is what it is. Take the goggles of political bias and off and see the truth for what it is.

NP... How about reading the ACTUAL WORDING from Fitch's statement

Erosion of Governance: In Fitch's view, there has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters, notwithstanding the June bipartisan agreement to suspend the debt limit until January 2025. The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management. In addition, the government lacks a medium-term fiscal framework, unlike most peers, and has a complex budgeting process. These factors, along with several economic shocks as well as tax cuts and new spending initiatives, have contributed to successive debt increases over the last decade. Additionally, there has been only limited progress in tackling medium-term challenges related to rising social security and Medicare costs due to an aging population.

"Erosion of Governance: In Fitch's view, there has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters, notwithstanding the June bipartisan agreement to suspend the debt limit until January 2025. The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management. In addition, the government lacks a medium-term fiscal framework, unlike most peers, and has a complex budgeting process."

That's all on Republicans and their intransigence, and holding the government hostage

Continuing,

"These factors, along with several economic shocks as well as tax cuts and new spending initiatives, have contributed to successive debt increases over the last decade. Additionally, there has been only limited progress in tackling medium-term challenges related to rising social security and Medicare costs due to an aging population."

Tax cuts - all Republican. New spending initiatives - both Democrat and Republican. Limited progress on tackling social security and medicare - also due to Republican intransigence, unless you think screwing over the elderly and the disabled and being the only modern industrialized nation to do so is somehow a good thing.

In other words, those of Liz Cheney, “We’re electing idiots!”

I wouldn't characterize them all as idiots but the quality of people being put in front of us by the R and D parties certainly isn't what it used to be. Yet the knucklehead wing nuts will continue to assume all problems are caused by the other side.

Who are the dimits in the House on the left who compare to Marge Green and Lauren Boebert?

There are few, if any, as bizarre and extreme as those two noise makers. Their ridiculous antics have served only to diminish their voice and influence in congress. They aren't leaders and never will be. The decline in efficiency and effectiveness of our Federal Government is more so a result of poor performance of those in leadership positions. Our leaders of today seemingly prioritize loyalty to party ahead of their commitment to carry out the everyday functions of government in a manner that is in the best interests of all. The vast majority of our politicians have evolved into puppets of two political parties that have become too potent and too powerful while serving mostly to mask corruption and divide the people rather than providing a beneficial service in American politics. Trump's toxic influence on politics in America will be short lived. Our dire need for political party reform is only worsening with no fix in sight.

BoTh SiDeS.

In your first line you answered the PP’s question. On some level you’re aware that it’s not “two political parties that have become too potent,” it’s one whack job extremist party that’s causing 95% of the government-level problems in America.

Spending issues are a both side issue. It literately took both sides to pass it. If you to want to blame one side then I recommend shutting the government down and just paying the debt off.

Government shutdown (and even just the threat of it) is one of the big reasons cited for the downgrade. It is NOT an option.

Spending is a bothsides - Dems want to spend on the wellbeing of citizens, whereas Republicans want to spend on bloated and wasteful military budgets that can't even be audited to within a billion dollar margin of error,

but revenue problems (also cited by Fitch) are the squarely the fault of the GOP.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So funny to read these comments from the Fox News/MSNBC viewing crowd that have been duped into thinking everything wrong with this country is the fault of the evil other side. Our Federal Government has been in decline for decades as a result of being run by two failing political parties. It is what it is. Take the goggles of political bias and off and see the truth for what it is.

NP... How about reading the ACTUAL WORDING from Fitch's statement

Erosion of Governance: In Fitch's view, there has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters, notwithstanding the June bipartisan agreement to suspend the debt limit until January 2025. The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management. In addition, the government lacks a medium-term fiscal framework, unlike most peers, and has a complex budgeting process. These factors, along with several economic shocks as well as tax cuts and new spending initiatives, have contributed to successive debt increases over the last decade. Additionally, there has been only limited progress in tackling medium-term challenges related to rising social security and Medicare costs due to an aging population.

"Erosion of Governance: In Fitch's view, there has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters, notwithstanding the June bipartisan agreement to suspend the debt limit until January 2025. The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management. In addition, the government lacks a medium-term fiscal framework, unlike most peers, and has a complex budgeting process."

That's all on Republicans and their intransigence, and holding the government hostage

Continuing,

"These factors, along with several economic shocks as well as tax cuts and new spending initiatives, have contributed to successive debt increases over the last decade. Additionally, there has been only limited progress in tackling medium-term challenges related to rising social security and Medicare costs due to an aging population."

Tax cuts - all Republican. New spending initiatives - both Democrat and Republican. Limited progress on tackling social security and medicare - also due to Republican intransigence, unless you think screwing over the elderly and the disabled and being the only modern industrialized nation to do so is somehow a good thing.

In other words, those of Liz Cheney, “We’re electing idiots!”

I wouldn't characterize them all as idiots but the quality of people being put in front of us by the R and D parties certainly isn't what it used to be. Yet the knucklehead wing nuts will continue to assume all problems are caused by the other side.

Who are the dimits in the House on the left who compare to Marge Green and Lauren Boebert?

There are few, if any, as bizarre and extreme as those two noise makers. Their ridiculous antics have served only to diminish their voice and influence in congress. They aren't leaders and never will be. The decline in efficiency and effectiveness of our Federal Government is more so a result of poor performance of those in leadership positions. Our leaders of today seemingly prioritize loyalty to party ahead of their commitment to carry out the everyday functions of government in a manner that is in the best interests of all. The vast majority of our politicians have evolved into puppets of two political parties that have become too potent and too powerful while serving mostly to mask corruption and divide the people rather than providing a beneficial service in American politics. Trump's toxic influence on politics in America will be short lived. Our dire need for political party reform is only worsening with no fix in sight.

BoTh SiDeS.

In your first line you answered the PP’s question. On some level you’re aware that it’s not “two political parties that have become too potent,” it’s one whack job extremist party that’s causing 95% of the government-level problems in America.

Spending issues are a both side issue. It literately took both sides to pass it. If you to want to blame one side then I recommend shutting the government down and just paying the debt off.

Yet somehow, the Dems manage to leave the white house with a growing GDP, lower unemployment and things moving on the right track - Clinton Obama and Biden all inherited economic dumpster fires from their predecessors. I swear, if the Dems could control the government for 12-16 years, we would have the economics of this country where they should be. But leave it to the GOP to screw it up - Bush, Bush and Trump were horrible stewards of our economy. The numbers don't lie.

I'll quibble with this. HW Bush was a good steward and good skewered for actually raising taxes. The Republicans learned that lessons and have never done so since. Reagan wasn't a good steward and led to many scandals and the S&L and junk bond crisis due to deregulation on his watch. He got lucky because Volcker crushed inflation in the early 1980s and the economy (or really, the financial, real estate, services and capital owning sectors) benefited from lower interest rates.

Quibble all you want, and I don't disagree about Papa Bush. However:

(this whole thread on jobs)

(this thread on inflation)

(this whole thread on GDP)

The facts don't lie. The Dems create more jobs, the Dems grow the GDP, the Dems reduce the budget deficits and bottom line are simply better for the economy than the GOP.

[Anonymous]

Anonymous wrote:

Disgusting how the GOP gloats after sabotaging America.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Disgusting how the GOP gloats after sabotaging America.

They’re hoping you don’t read the fine print that it’s due to House GOP mess.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Disgusting how the GOP gloats after sabotaging America.

They’re hoping you don’t read the fine print that it’s due to House GOP mess.

+1 The Democrats were the ones warning the GOP House majority that this would happen if they kept stomping their feet about the debt ceiling. Because the last time it did was when they did the same thing.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So funny to read these comments from the Fox News/MSNBC viewing crowd that have been duped into thinking everything wrong with this country is the fault of the evil other side. Our Federal Government has been in decline for decades as a result of being run by two failing political parties. It is what it is. Take the goggles of political bias and off and see the truth for what it is.

NP... How about reading the ACTUAL WORDING from Fitch's statement

Erosion of Governance: In Fitch's view, there has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters, notwithstanding the June bipartisan agreement to suspend the debt limit until January 2025. The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management. In addition, the government lacks a medium-term fiscal framework, unlike most peers, and has a complex budgeting process. These factors, along with several economic shocks as well as tax cuts and new spending initiatives, have contributed to successive debt increases over the last decade. Additionally, there has been only limited progress in tackling medium-term challenges related to rising social security and Medicare costs due to an aging population.

"Erosion of Governance: In Fitch's view, there has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters, notwithstanding the June bipartisan agreement to suspend the debt limit until January 2025. The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management. In addition, the government lacks a medium-term fiscal framework, unlike most peers, and has a complex budgeting process."

That's all on Republicans and their intransigence, and holding the government hostage

Continuing,

"These factors, along with several economic shocks as well as tax cuts and new spending initiatives, have contributed to successive debt increases over the last decade. Additionally, there has been only limited progress in tackling medium-term challenges related to rising social security and Medicare costs due to an aging population."

Tax cuts - all Republican. New spending initiatives - both Democrat and Republican. Limited progress on tackling social security and medicare - also due to Republican intransigence, unless you think screwing over the elderly and the disabled and being the only modern industrialized nation to do so is somehow a good thing.

In other words, those of Liz Cheney, “We’re electing idiots!”

I wouldn't characterize them all as idiots but the quality of people being put in front of us by the R and D parties certainly isn't what it used to be. Yet the knucklehead wing nuts will continue to assume all problems are caused by the other side.

Who are the dimits in the House on the left who compare to Marge Green and Lauren Boebert?

There are few, if any, as bizarre and extreme as those two noise makers. Their ridiculous antics have served only to diminish their voice and influence in congress. They aren't leaders and never will be. The decline in efficiency and effectiveness of our Federal Government is more so a result of poor performance of those in leadership positions. Our leaders of today seemingly prioritize loyalty to party ahead of their commitment to carry out the everyday functions of government in a manner that is in the best interests of all. The vast majority of our politicians have evolved into puppets of two political parties that have become too potent and too powerful while serving mostly to mask corruption and divide the people rather than providing a beneficial service in American politics. Trump's toxic influence on politics in America will be short lived. Our dire need for political party reform is only worsening with no fix in sight.

BoTh SiDeS.

In your first line you answered the PP’s question. On some level you’re aware that it’s not “two political parties that have become too potent,” it’s one whack job extremist party that’s causing 95% of the government-level problems in America.

Spending issues are a both side issue. It literately took both sides to pass it. If you to want to blame one side then I recommend shutting the government down and just paying the debt off.

Yet somehow, the Dems manage to leave the white house with a growing GDP, lower unemployment and things moving on the right track - Clinton Obama and Biden all inherited economic dumpster fires from their predecessors. I swear, if the Dems could control the government for 12-16 years, we would have the economics of this country where they should be. But leave it to the GOP to screw it up - Bush, Bush and Trump were horrible stewards of our economy. The numbers don't lie.

I'll quibble with this. HW Bush was a good steward and good skewered for actually raising taxes. The Republicans learned that lessons and have never done so since. Reagan wasn't a good steward and led to many scandals and the S&L and junk bond crisis due to deregulation on his watch. He got lucky because Volcker crushed inflation in the early 1980s and the economy (or really, the financial, real estate, services and capital owning sectors) benefited from lower interest rates.

Quibble all you want, and I don't disagree about Papa Bush. However:

(this whole thread on jobs)

(this thread on inflation)

(this whole thread on GDP)

The facts don't lie. The Dems create more jobs, the Dems grow the GDP, the Dems reduce the budget deficits and bottom line are simply better for the economy than the GOP.

Imaging being so delusional you ignore a once in a lifetime pandemic imported from China that causednth entire global economy to shutdown, then try to take credit for 'jobs growth' when all the economy did was reopen after the pandemic.

Keep drinking the Kool Aid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So funny to read these comments from the Fox News/MSNBC viewing crowd that have been duped into thinking everything wrong with this country is the fault of the evil other side. Our Federal Government has been in decline for decades as a result of being run by two failing political parties. It is what it is. Take the goggles of political bias and off and see the truth for what it is.

NP... How about reading the ACTUAL WORDING from Fitch's statement

Erosion of Governance: In Fitch's view, there has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters, notwithstanding the June bipartisan agreement to suspend the debt limit until January 2025. The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management. In addition, the government lacks a medium-term fiscal framework, unlike most peers, and has a complex budgeting process. These factors, along with several economic shocks as well as tax cuts and new spending initiatives, have contributed to successive debt increases over the last decade. Additionally, there has been only limited progress in tackling medium-term challenges related to rising social security and Medicare costs due to an aging population.

"Erosion of Governance: In Fitch's view, there has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters, notwithstanding the June bipartisan agreement to suspend the debt limit until January 2025. The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management. In addition, the government lacks a medium-term fiscal framework, unlike most peers, and has a complex budgeting process."

That's all on Republicans and their intransigence, and holding the government hostage

Continuing,

"These factors, along with several economic shocks as well as tax cuts and new spending initiatives, have contributed to successive debt increases over the last decade. Additionally, there has been only limited progress in tackling medium-term challenges related to rising social security and Medicare costs due to an aging population."

Tax cuts - all Republican. New spending initiatives - both Democrat and Republican. Limited progress on tackling social security and medicare - also due to Republican intransigence, unless you think screwing over the elderly and the disabled and being the only modern industrialized nation to do so is somehow a good thing.

In other words, those of Liz Cheney, “We’re electing idiots!”

I wouldn't characterize them all as idiots but the quality of people being put in front of us by the R and D parties certainly isn't what it used to be. Yet the knucklehead wing nuts will continue to assume all problems are caused by the other side.

Who are the dimits in the House on the left who compare to Marge Green and Lauren Boebert?

There are few, if any, as bizarre and extreme as those two noise makers. Their ridiculous antics have served only to diminish their voice and influence in congress. They aren't leaders and never will be. The decline in efficiency and effectiveness of our Federal Government is more so a result of poor performance of those in leadership positions. Our leaders of today seemingly prioritize loyalty to party ahead of their commitment to carry out the everyday functions of government in a manner that is in the best interests of all. The vast majority of our politicians have evolved into puppets of two political parties that have become too potent and too powerful while serving mostly to mask corruption and divide the people rather than providing a beneficial service in American politics. Trump's toxic influence on politics in America will be short lived. Our dire need for political party reform is only worsening with no fix in sight.

BoTh SiDeS.

In your first line you answered the PP’s question. On some level you’re aware that it’s not “two political parties that have become too potent,” it’s one whack job extremist party that’s causing 95% of the government-level problems in America.

Spending issues are a both side issue. It literately took both sides to pass it. If you to want to blame one side then I recommend shutting the government down and just paying the debt off.

Yet somehow, the Dems manage to leave the white house with a growing GDP, lower unemployment and things moving on the right track - Clinton Obama and Biden all inherited economic dumpster fires from their predecessors. I swear, if the Dems could control the government for 12-16 years, we would have the economics of this country where they should be. But leave it to the GOP to screw it up - Bush, Bush and Trump were horrible stewards of our economy. The numbers don't lie.

I'll quibble with this. HW Bush was a good steward and good skewered for actually raising taxes. The Republicans learned that lessons and have never done so since. Reagan wasn't a good steward and led to many scandals and the S&L and junk bond crisis due to deregulation on his watch. He got lucky because Volcker crushed inflation in the early 1980s and the economy (or really, the financial, real estate, services and capital owning sectors) benefited from lower interest rates.

Quibble all you want, and I don't disagree about Papa Bush. However:

(this whole thread on jobs)

(this thread on inflation)

(this whole thread on GDP)

The facts don't lie. The Dems create more jobs, the Dems grow the GDP, the Dems reduce the budget deficits and bottom line are simply better for the economy than the GOP.

Lol, annualized inflation rates? Tell us the total inflation rate under Biden. Amazing how annualized numbers work when the previous year's baseline blew up. You won't convince any American that inflation is A-OK right now, people aren't stupid. Stupid misinterpretation of annualized numbers, lol.

[Anonymous]

Imaging being so delusional you ignore a once in a lifetime pandemic imported from China that causednth entire global economy to shutdown, then try to take credit for 'jobs growth' when all the economy did was reopen after the pandemic.

Keep drinking the Kool Aid.

It must hurt that the economy is doing so well, inflation has come down, and unemployment is so low and the stock market is doing great. I mean, you'd be jumping for joy if this was TFG. Should we just move the goalposts to December 2021? Since December 2021, the economy has added 4.5 million jobs. Or maybe 1+ million jobs created since December 2022? Pick your date. I assume you're going to blame Biden for the stimulus in 2021 and inflation last year but not give him credit for the job creation coming out of the pandemic. His record is still better than Trump's.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So funny to read these comments from the Fox News/MSNBC viewing crowd that have been duped into thinking everything wrong with this country is the fault of the evil other side. Our Federal Government has been in decline for decades as a result of being run by two failing political parties. It is what it is. Take the goggles of political bias and off and see the truth for what it is.

NP... How about reading the ACTUAL WORDING from Fitch's statement

Erosion of Governance: In Fitch's view, there has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters, notwithstanding the June bipartisan agreement to suspend the debt limit until January 2025. The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management. In addition, the government lacks a medium-term fiscal framework, unlike most peers, and has a complex budgeting process. These factors, along with several economic shocks as well as tax cuts and new spending initiatives, have contributed to successive debt increases over the last decade. Additionally, there has been only limited progress in tackling medium-term challenges related to rising social security and Medicare costs due to an aging population.

"Erosion of Governance: In Fitch's view, there has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters, notwithstanding the June bipartisan agreement to suspend the debt limit until January 2025. The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management. In addition, the government lacks a medium-term fiscal framework, unlike most peers, and has a complex budgeting process."

That's all on Republicans and their intransigence, and holding the government hostage

Continuing,

"These factors, along with several economic shocks as well as tax cuts and new spending initiatives, have contributed to successive debt increases over the last decade. Additionally, there has been only limited progress in tackling medium-term challenges related to rising social security and Medicare costs due to an aging population."

Tax cuts - all Republican. New spending initiatives - both Democrat and Republican. Limited progress on tackling social security and medicare - also due to Republican intransigence, unless you think screwing over the elderly and the disabled and being the only modern industrialized nation to do so is somehow a good thing.

In other words, those of Liz Cheney, “We’re electing idiots!”

I wouldn't characterize them all as idiots but the quality of people being put in front of us by the R and D parties certainly isn't what it used to be. Yet the knucklehead wing nuts will continue to assume all problems are caused by the other side.

Who are the dimits in the House on the left who compare to Marge Green and Lauren Boebert?

There are few, if any, as bizarre and extreme as those two noise makers. Their ridiculous antics have served only to diminish their voice and influence in congress. They aren't leaders and never will be. The decline in efficiency and effectiveness of our Federal Government is more so a result of poor performance of those in leadership positions. Our leaders of today seemingly prioritize loyalty to party ahead of their commitment to carry out the everyday functions of government in a manner that is in the best interests of all. The vast majority of our politicians have evolved into puppets of two political parties that have become too potent and too powerful while serving mostly to mask corruption and divide the people rather than providing a beneficial service in American politics. Trump's toxic influence on politics in America will be short lived. Our dire need for political party reform is only worsening with no fix in sight.

BoTh SiDeS.

In your first line you answered the PP’s question. On some level you’re aware that it’s not “two political parties that have become too potent,” it’s one whack job extremist party that’s causing 95% of the government-level problems in America.

Spending issues are a both side issue. It literately took both sides to pass it. If you to want to blame one side then I recommend shutting the government down and just paying the debt off.

Government shutdown (and even just the threat of it) is one of the big reasons cited for the downgrade. It is NOT an option.

Spending is a bothsides - Dems want to spend on the wellbeing of citizens, whereas Republicans want to spend on bloated and wasteful military budgets that can't even be audited to within a billion dollar margin of error,

but revenue problems (also cited by Fitch) are the squarely the fault of the GOP.

There is only one party that shuts down the government as a “negotiating” tactic. Hint: not Dems!

[Anonymous]

Anonymous wrote:

Imaging being so delusional you ignore a once in a lifetime pandemic imported from China that causednth entire global economy to shutdown, then try to take credit for 'jobs growth' when all the economy did was reopen after the pandemic.

Keep drinking the Kool Aid.

If that were the case, all of the other countries would be experiencing the same job growth and reduced inflation. They aren't.

[Anonymous]

The last 20 years of political brinksmanship has lead us to this point. Nothing says the next 20 years will be better. In fact the far right in the house will ensure more chaos.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:So funny to read these comments from the Fox News/MSNBC viewing crowd that have been duped into thinking everything wrong with this country is the fault of the evil other side. Our Federal Government has been in decline for decades as a result of being run by two failing political parties. It is what it is. Take the goggles of political bias and off and see the truth for what it is.

NP... How about reading the ACTUAL WORDING from Fitch's statement

Erosion of Governance: In Fitch's view, there has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters, notwithstanding the June bipartisan agreement to suspend the debt limit until January 2025. The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management. In addition, the government lacks a medium-term fiscal framework, unlike most peers, and has a complex budgeting process. These factors, along with several economic shocks as well as tax cuts and new spending initiatives, have contributed to successive debt increases over the last decade. Additionally, there has been only limited progress in tackling medium-term challenges related to rising social security and Medicare costs due to an aging population.

"Erosion of Governance: In Fitch's view, there has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters, notwithstanding the June bipartisan agreement to suspend the debt limit until January 2025. The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management. In addition, the government lacks a medium-term fiscal framework, unlike most peers, and has a complex budgeting process."

That's all on Republicans and their intransigence, and holding the government hostage

Continuing,

"These factors, along with several economic shocks as well as tax cuts and new spending initiatives, have contributed to successive debt increases over the last decade. Additionally, there has been only limited progress in tackling medium-term challenges related to rising social security and Medicare costs due to an aging population."

Tax cuts - all Republican. New spending initiatives - both Democrat and Republican. Limited progress on tackling social security and medicare - also due to Republican intransigence, unless you think screwing over the elderly and the disabled and being the only modern industrialized nation to do so is somehow a good thing.

In other words, those of Liz Cheney, “We’re electing idiots!”

I wouldn't characterize them all as idiots but the quality of people being put in front of us by the R and D parties certainly isn't what it used to be. Yet the knucklehead wing nuts will continue to assume all problems are caused by the other side.

Who are the dimits in the House on the left who compare to Marge Green and Lauren Boebert?

There are few, if any, as bizarre and extreme as those two noise makers. Their ridiculous antics have served only to diminish their voice and influence in congress. They aren't leaders and never will be. The decline in efficiency and effectiveness of our Federal Government is more so a result of poor performance of those in leadership positions. Our leaders of today seemingly prioritize loyalty to party ahead of their commitment to carry out the everyday functions of government in a manner that is in the best interests of all. The vast majority of our politicians have evolved into puppets of two political parties that have become too potent and too powerful while serving mostly to mask corruption and divide the people rather than providing a beneficial service in American politics. Trump's toxic influence on politics in America will be short lived. Our dire need for political party reform is only worsening with no fix in sight.

BoTh SiDeS.

In your first line you answered the PP’s question. On some level you’re aware that it’s not “two political parties that have become too potent,” it’s one whack job extremist party that’s causing 95% of the government-level problems in America.

Spending issues are a both side issue. It literately took both sides to pass it. If you to want to blame one side then I recommend shutting the government down and just paying the debt off.

Government shutdown (and even just the threat of it) is one of the big reasons cited for the downgrade. It is NOT an option.

Spending is a bothsides - Dems want to spend on the wellbeing of citizens, whereas Republicans want to spend on bloated and wasteful military budgets that can't even be audited to within a billion dollar margin of error,

but revenue problems (also cited by Fitch) are the squarely the fault of the GOP.

There is only one party that shuts down the government as a “negotiating” tactic. Hint: not Dems!

+1 If the Republicans find the downgrade so concerning, Fitch just gave them a way out. Let’s see if they take it.

[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 why it was downgraded. It was downgraded because of our continuous political battles over the debt limit, something that didn't used to be political.

[Anonymous]