Biden Has Downgraded US Debt

That’s not the reason for the downgrade.

The markets see lunatic Republicans screwing around with the debt ceiling and political brinksmanship and don’t trust our political system anymore.
/——-/ That’s not what it says and you know it. GEEZE are you in denial.
 
/——-/ That’s not what it says and you know it. GEEZE are you in denial.

This is the reason they gave....seems you did not read it either...


“The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management,” Fitch said Tuesday.

“In addition, the government lacks a medium-term fiscal framework, unlike most peers, and has a complex budgeting process.”
 
This is the reason they gave....seems you did not read it either...


“The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management,” Fitch said Tuesday.

“In addition, the government lacks a medium-term fiscal framework, unlike most peers, and has a complex budgeting process.”
sure sounds like the debt is the problem and not republicans,,
 
/——/ You ignore what it says. It’s all about the debt.

“The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management,” Fitch said Tuesday.

“In addition, the government lacks a medium-term fiscal framework, unlike most peers, and has a complex budgeting process.”
 
This is the reason they gave....seems you did not read it either...


“The repeated debt-limit political standoffs and last-minute resolutions have eroded confidence in fiscal management,” Fitch said Tuesday.

“In addition, the government lacks a medium-term fiscal framework, unlike most peers, and has a complex budgeting process.”
/——-/ Yeah I read that. What’s your point? Dementia Joe pushing for more spending and democrats fighting the Republicans on the budget?
 
/——/ Dementia J is only responsible for the debt he signed into law as president, supported as VP, and voted for as Senator. He’s in the clear for the rest.

I seem to have missed your post giving Trump responsibility for all the debt he signed into law as POTUS.
 
/——-/ Yeah I read that. What’s your point? Dementia Joe pushing for more spending and democrats fighting the Republicans on the budget?

The point is the problem is the Duopoly that wants nothing more than to spend more money than we have, we do not get to 32T in debt without both parties working together on it.
 
The point is the problem is the Duopoly that wants nothing more than to spend more money than we have, we do not get to 32T in debt without both parties working together on it.
/——/ Some of that is true. RINOs are to blame as well. Fiscal conservatives are outnumbered. But, it happened on Biden’s watch two years in. Imagine if it happened while Trump was in office.
 
Fiscal conservatives are outnumbered

They are not outnumbered, they simply do not exist at the Federal level.

We have not had a Fiscal conservative POTUS since Coolidge.

But, it happened on Biden’s watch two years in. Imagine if it happened while Trump was in office.

You all would be blaming Obama and not giving Trump a single, tiny, little, itty bitty, bit of the blame just like you are doing now.
 
I seem to have missed your post giving Trump responsibility for all the debt he signed into law as POTUS.
/——-/ Trump wanted a balanced budget. He even let the government shut down until it was hurting too many people. Biden eagerly signed increased spending and wanted more. But you already knew that because we’ve had this discussion before.
 

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