USA has excellent credit rating. We pay the interest and everybody makes money. OH Yeah, tell me if we didn’t owe that money the government would send you any excess every year. Never happen!
First realistic take on it i’ve seen from the right. It’s sad Biden had to submit to blackmail but only Republicans revel in returning the Western world to third world status. We’re safe from extortion for another 2 years.
Well…, when you give Nobel Prizes to economists like Klugman that say, “spend as much as you like indefinitely; it doesn’t ever have to be paid back”; what do you expect?
The U.S. credit rating went down for the first time in history in 2011 because Repubs were playing their game of “debt ceiling chicken” because a Dem was in the White House. The Repubs were happy to raise the debt ceiling while Trump occupied the White House, and the Trump / Repub 2017 tax cuts for the wealthy added TRILLIONS to the debt / deficit. Now that there is another Democratic president, the Repubs say the deficit matters again. So here’s the debt ceiling nonsense again, which has already hurt the credit rating AGAIN and we won’t know all the fallout until this is over.
The dude from FL Premium Member over 1 year ago
USA has excellent credit rating. We pay the interest and everybody makes money. OH Yeah, tell me if we didn’t owe that money the government would send you any excess every year. Never happen!
William Robbins Premium Member over 1 year ago
First realistic take on it i’ve seen from the right. It’s sad Biden had to submit to blackmail but only Republicans revel in returning the Western world to third world status. We’re safe from extortion for another 2 years.
sams1960 Premium Member over 1 year ago
Well…, when you give Nobel Prizes to economists like Klugman that say, “spend as much as you like indefinitely; it doesn’t ever have to be paid back”; what do you expect?
sams1960 Premium Member over 1 year ago
leftist, socialist democrats will have us be venezuela sooner than later. fools.
kaffekup over 1 year ago
^Somebody has learned all the ’50s insults…
Nantucket Premium Member over 1 year ago
The U.S. credit rating went down for the first time in history in 2011 because Repubs were playing their game of “debt ceiling chicken” because a Dem was in the White House. The Repubs were happy to raise the debt ceiling while Trump occupied the White House, and the Trump / Repub 2017 tax cuts for the wealthy added TRILLIONS to the debt / deficit. Now that there is another Democratic president, the Repubs say the deficit matters again. So here’s the debt ceiling nonsense again, which has already hurt the credit rating AGAIN and we won’t know all the fallout until this is over.