US credit rating slashed....again.
Re: US credit rating slashed....again.
by Kane » Sun Sep 16, 2012 1:49 am
You mean continue down the path of paying off our debt? Like the end of your article suggests?
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Re: US credit rating slashed....again.
by The Comrade » Sun Sep 16, 2012 2:13 am
so when you said we were in a death spiral you meant "we're not in a death spiral"?
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Re: US credit rating slashed....again.
by Kane » Sun Sep 16, 2012 2:13 am
You continue to act as if it isn't happening now....
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Re: US credit rating slashed....again.
by dontworrybehappy » Sun Sep 16, 2012 12:15 pm
Our debt is accumulating at a rate far greater than we can pay off, and we are struggling just to pay the interest on our debt. This is a downward spiral, a death spiral, because nothing in the future shows us being able to get out of this. Nobody wants to cut the juicy stuff that would actually cut our spending, it would be political suicide. So while neither side is willing to jump in the water with a rope in their hand to pull the life raft to shore, we're getting blown further and further out to sea.
http://www.consumeraffairs.com/news04/2 ... -debt.html
This isn't an R or D problem, this is a national problem.
http://www.consumeraffairs.com/news04/2 ... -debt.html
This isn't an R or D problem, this is a national problem.
"Police protection" is an oxymoron. Gun laws are like masturbation, they both feel really good, but after you're done you realize you haven't accomplished anything."
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Re: US credit rating slashed....again.
by Davethulhu » Sun Sep 16, 2012 1:22 pm
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