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Reply to "US credit worthiness downgraded yet again"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]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 [/quote] 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.[/quote] 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.[/quote] Like unfunded tax cuts for the 1% that have exploded the debt and deficit spending?[/quote] Like Biden spending an unnecessary $1T+ in stimulus spending and handing out unnecessary stimulus checks 2 months into office that exacerbated inflation.[/quote] If that were the case, then inflation in the US would be worse than our industrialized counterparts. Instead, inflation in the US is MUCH BETTER than the rest of the world. Try again.[/quote] No it wasn't. At the peak of our inflation, the US was in the top ten in the world for inflation. We were in the same ranks with Brazil, the UK, and Russia. It was bad. [/quote] There is a key word in your post...WAS. WAS BAD, not IS BAD. The US economy is the envy of the world at this moment. [/quote]
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