S&P downgrades US debt from AAA..... (deaths, border, military)
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I'm definitely not reading through 17 pages, so if this has already been said, I apologize.
People continue to blame others because it's the easy way out. If you blame your horrible parents for your bad report card, it feels a lot better than knowing you're the only one responsible for the mess you're in. That's what America is doing right now - blaming others when there's no one to blame but ourselves. Democrats and Republicans are always pointing the finger at what the other party is doing wrong, but never seem to realize what they themselves are doing wrong.
I can say I am saddened by the debt downgrade, but I'm not surprised. The U.S. had more than enough time to get this figured out, but political gridlock kept progress from occurring, right? Wrong. People blaming others kept (and is keeping) the U.S. from staying on top of the world. And right about now, I don't think we deserve to be. The world looks to US, the United States, to lead the world in times of trouble. We're not really doing that this time around. China and other countries are doing a heck of a lot better job than we are in pushing growth. You can say it's because they're stealing our jobs, their lower cost of labor, etc. Again, blame.
We seriously need to take a look at ourselves if we have any hope for the future. And not blame others, but take responsibility for your actions. I think this is the only way we can get on the right track.
Last edited by CHICAGOLAND92; 08-05-2011 at 09:44 PM..
Little is the key word. You seem fixed on nibbling around the edges than attacking the real problem. By the left's own account eliminating tax cuts may bring in $1 trillion over 10 years. We are running deficits of $1.4 trillion. The time for class warfare is over. We need real, serious and deep cuts in spending.
Exactly! We need cuts every where including where the republicans don't want to go, not just medicare and SS. We also need to raise taxes as tax cuts are not free and never have been.
Exactly! We need cuts every where including where the republicans don't want to go, not just medicare and SS. We also need to raise taxes as tax cuts are not free and never have been.
You clearly do not have a grasp of this situation.
My friends and I are having a big debate about how we could get a more effective Congress. One says we should pick names out of the phone book; another is quite certain that procedure by which we select juries is a proven method that would work better.
Lol, the way we pick juries is completely arbitrary. Voir Dire is nothing but each lawyer asking jurors questions and getting rid of which ever ones are less likely to support their client.
I don't know about you, but if I ever hit my credit limit and could no longer pay my bills without incurring more debt, I would be forced to start selling some of my possessions and/or cut back on expenses. The govt has failed to do any of this.
I agree! Most people would cut their spending and increase their revenue (another job) until it is gone.
Exactly! We need cuts every where including where the republicans don't want to go, not just medicare and SS. We also need to raise taxes as tax cuts are not free and never have been.
Absolutely and people must realise that the house causing uncertainty about raising the debt ceiling and not allowing revenue from raised taxes was the main reason we got downgraded.
In the past when America has been in financial turmoil and the debt ceiling was raised it was not turned into a circus and the S&P had no reason to think that America would not pay its debts. This political "Circus" by the the Democrats, Republicans and Tea party fanatics gearing up for elections and not caring about the consequenses of their partisan B/S was the main reason for the downgrade
.
Being downgraded will not destroy America as the Dollar is still a good option for putting money into but if the Political Parties do NOT stop this power struggle then America will suffer in ways that can not be saved.
Lol, the way we pick juries is completely arbitrary. Voir Dire is nothing but each lawyer asking jurors questions and getting rid of which ever ones are less likely to support their client.
So you side with the phone book method?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.