KenH
Well-Known Member
"Fitch Ratings downgraded the US credit rating from AAA to AA+ because they expect fiscal deterioration over the next few years. While the diagnosis seems delayed, they’re right. Irresponsible bipartisan spending for decades is the culprit.
...
Republicans and Democrats have consistently increased spending more than tax revenues, leading to massive debt and unsustainable deficits.
...
As the nation faces economic challenges and increasing debt burdens, it is crucial to adopt prudent measures to put America back on a path to prosperity. Only through concerted efforts to control spending, implement effective budgeting practices, and consider the long-term economic impact of policy decisions can America chart a sustainable and prosperous course for the future.
Otherwise, buckle up. It’s going to be a bumpy ride."
- rest at Fitch Drops US Creditworthiness: Spending is the Reason | AIER
...
Republicans and Democrats have consistently increased spending more than tax revenues, leading to massive debt and unsustainable deficits.
...
As the nation faces economic challenges and increasing debt burdens, it is crucial to adopt prudent measures to put America back on a path to prosperity. Only through concerted efforts to control spending, implement effective budgeting practices, and consider the long-term economic impact of policy decisions can America chart a sustainable and prosperous course for the future.
Otherwise, buckle up. It’s going to be a bumpy ride."
- rest at Fitch Drops US Creditworthiness: Spending is the Reason | AIER

