NYcarbineer
Diamond Member
Have you a link to a direct quote on that? Because I've put up a specific quote by David Beers on spending cuts.
And the quotes by S&P execs regarding revenue increases have already been posted...about a million times.
And I'm posting direct quotes from David Beers that the downgrade was related to America's debt burden.
And the debt burden, and deficit that adds to it, are alleviated by higher taxes.
You people can stay in denial all you want, but unless you think the pols are going to cut 40% of the US government spending across the board in order to get to balance,
then taxes have to be involved.