Biden Has Downgraded US Debt

[Independentthinker]

Hell of a country we live in. Biden and the Democrats have added so much onto our national debt that the US debt has been downgraded. People can't afford gas or groceries or rents or homes. Evictions are at an all time high. Foreclosures are at an all time high. Auto loan delinquencies are at an all time high, credit card debt is at an all time high, withdraws from retirement accounts are at an all time high, and people can't afford to make payments on their student loans. We are on the brink of a nuclear WWIII, North Korea is after us, Iran is after us, and 70% of Americans say the country is on the wrong track.

Oh, and Biden & Co are out there on a tour right now telling us all how great things are.

Stocks plunge as credit downgrade rattles Wall Street: Stock market news today

Stocks slid Wednesday after the Fitch agency downgraded US credit.

finance.yahoo.com

 

[elektra]

the oceans are rising, the ice caps are melting, the west is dying too hot,

 

[Harpy Eagle]

Hell of a country we live in. Biden and the Democrats have added so much onto our national debt that the US debt has been downgraded. People can't afford gas or groceries or rents or homes. Evictions are at an all time high. Foreclosures are at an all time high. Auto loan delinquencies are at an all time high, credit card debt is at an all time high, withdraws from retirement accounts are at an all time high, and people can't afford to make payments on their student loans. We are on the brink of a nuclear WWIII, North Korea is after us, Iran is after us, and 70% of Americans say the country is on the wrong track.

Stocks plunge as credit downgrade rattles Wall Street: Stock market news today

Stocks slid Wednesday after the Fitch agency downgraded US credit.

finance.yahoo.com

Did you even bother to read the reasons Fitch gave for the downgrade?

 

[Thunk]

 

[Billiejeens]

Biden has created the greatest economy in the history of history.

Also, Yellow (freight) went out of business letting go 30,000 workers.

I repeat -
Biden has created the greatest economy in the history of history.

 

[Billiejeens]

Did you even bother to read the reasons Fitch gave for the downgrade?

fiscal and political instability.

 

[Harpy Eagle]

Also, Yellow (freight) went out of business letting go 30,000 workers.

They are not out of business for good, they have already found funding to get them through the bankruptcy/reorganizing phase.

It was however a great time to buy their stock for 60 cents a share.

 

[Harpy Eagle]

fiscal and political instability.

Which is not the fault of a single person or a single party. It is a group effort that has been going on for years.

 

[Billiejeens]

Which is not the fault of a single person or a single party. It is a group effort that has been going on for years.

Literally nothing that the left destroys will ever get called out by you.

 

[Independentthinker]

Which is not the fault of a single person or a single party. It is a group effort that has been going on for years.

According to you guys it was all Trump's fault.

Oh yeah, and Ronald Reagan's fault too.

 

[Harpy Eagle]

According to you guys it was all Trump's fault.

Oh yeah, and Ronald Reagan's fault too.

So, you did not.

Thanks for verifying.

 

[Votto]

Did you even bother to read the reasons Fitch gave for the downgrade?

Bad hair day?

 

[Votto]

According to you guys it was all Trump's fault.

Oh yeah, and Ronald Reagan's fault too.

Pure insanity

Putin done it.

 

[Tommy Tainant]

âBidenomicsâ is working â which means Biden and the Democrats may win too | Robert Reich

Biden’s economic policies are the most successful in the US in decades. That puts the Democrats on a strong political footing

www.theguardian.com

New economic data last week showed that inflation cooled to 3% in June, down from over 9% last year, and close to the Fed’s goal of 2%.

And as inflation has subsided, real wages – that is, what paychecks will buy – have finally risen.

Meanwhile, economic growth has accelerated. Consumer spending is solid. Consumers expect the economy to continue to do well.

This is heartening stuff. Im not sure if trump has an economuc policy. Meatball is just offering craziness. America will be offered a choice between quiet competence and barely literate dogma.

I wish we could here Biden to run our economy. You are very lucky.

 

[Harpy Eagle]

Bad hair day?

Makes as much sense as the dumb reason Fitch gave.

 

[chesswarsnow]

Sorry bout that,

1. Hard sell.
2. If anyone could find the money!

Regards,
SirJamesofTexas

 

[Winston]

Hell of a country we live in. Biden and the Democrats have added so much onto our national debt that the US debt has been downgraded. People can't afford gas or groceries or rents or homes. Evictions are at an all time high. Foreclosures are at an all time high. Auto loan delinquencies are at an all time high, credit card debt is at an all time high, withdraws from retirement accounts are at an all time high, and people can't afford to make payments on their student loans. We are on the brink of a nuclear WWIII, North Korea is after us, Iran is after us, and 70% of Americans say the country is on the wrong track.

Oh, and Biden & Co are out there on a tour right now telling us all how great things are.

Stocks plunge as credit downgrade rattles Wall Street: Stock market news today

Stocks slid Wednesday after the Fitch agency downgraded US credit.

finance.yahoo.com

Do you have reading comprehension problems? The blame is not on Biden.

Fitch downgraded the US government's credit rating, citing fiscal and political instability.

Fiscal instability--that whole debt ceiling debacle is the most glaring sign of that fiscal instability. And what the hell did that shit show accomplish? But is there any hope that a budget can be passed? Especially in the circus that is the current House of Representatives.

Hell, the linked article came right out and said, January 6 was a huge part of their decision making process, political instability. Quite literally, those protestors and those that encouraged them have more responsibility for the debt downgrade than Biden.

But I tell you what pushed Fitch over the edge. The fact that the leading candidate for the presidential nomination of a major party is facing something like six dozen criminal charges with more to come. What kind of political stability is going to exist if, by some strange miracle, Trump is elected president? I mean you do realize that he can't pardon himself for crimes committed at the state level, and honestly, it is doubtful he can pardon himself at the federal level.

Then it is yahoos like you and many others on this board, screeching about revolution bullshit, talking about your damn guns, talking about taking back this country, that sound like political stability to you?

 

[Marener]

Biden and the Democrats have added so much onto our national debt that the US debt has been downgraded

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.

 

[progressive hunter]

They are not out of business for good, they have already found funding to get them through the bankruptcy/reorganizing phase.

It was however a great time to buy their stock for 60 cents a share.

figures you would be for stepping in and stealing the profits from the workers,,

 

[Marener]

Biden has created the greatest economy in the history of history.

Also, Yellow (freight) went out of business letting go 30,000 workers.

I repeat -
Biden has created the greatest economy in the history of history.

GDP is the highest it’s ever been.
Stock market is the highest it’s ever been.
More jobs than there have ever been.