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Sure, dear! Keep your "let's go back to the Bush's administration policy" philosophy. That will help a lot!Read the report! Actually, it is less about our debt than it is about the political climate and the fact that the "compromise" ONLY cut spending. . .which lower the chance to revive our economy by lowering demand even further, thus cutting more jobs. . .instead of agreeing to attack the debt through BOTH sides: Cuts in spending AND increase in revenues!It is written in BLACK AND WHITE.Just think: Now, our rating is lower than that of most "socialist" countries, and equal to the other socialist countries (like little tiny Belgium!). And guess what. . .at least THEY still have a safety net to keep some demand going!
Sure, dear! Keep your "let's go back to the Bush's administration policy" philosophy. That will help a lot!
Read the report! Actually, it is less about our debt than it is about the political climate and the fact that the "compromise" ONLY cut spending. . .which lower the chance to revive our economy by lowering demand even further, thus cutting more jobs. . .instead of agreeing to attack the debt through BOTH sides: Cuts in spending AND increase in revenues!
It is written in BLACK AND WHITE.
Just think: Now, our rating is lower than that of most "socialist" countries, and equal to the other socialist countries (like little tiny Belgium!).
And guess what. . .at least THEY still have a safety net to keep some demand going!
