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Reply to "US credit downgrade "
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[quote=Anonymous][quote=Anonymous]Been decades in.the making. If they don't cut spending bigly, we'll be headed for a currency/credit/pension crisis where confidence will be lost and everyone will lose everything. Think collapse of the Soviet Union in 1991.[/quote] It isn't about cutting spending, it is about running the national debt. As it is, W and Trump are responsible for 57% of it and the GOP is talking about adding another $4-20Trillion to it. The Dems had to spend money under Obama and Biden to bailout the GOP excesses, but under neither president was the fll faith and credit of the US under question, nor did the ratings change like they are now.[/quote]
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