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Reply to "US credit downgrade "
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[quote=Anonymous]US debt exploded under Bush, Obama, and Trump. It's a historical fact that it occurred under all of them. Just look up the debt to GDP ratio starting around 2008 until now. That being said, I actually don't blame them for the spending that blew up the debt. The first challenge was due to the 2008 meltdown. The second challenge was due to the pandemic. The biggest problem, however, is due to the tax cuts under Bush and Trump. They're killing govt revenue and causing our debt to explode. The tax cuts simply need to expire. [/quote]
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