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The S&P is not in business to make sure that the US has a AAA credit rating. Look at how much debt we have and the current spending trend? If you can't understand why they lowered our rating, you...

It's obvious in that report it is not one of the major reasons.

What got passed barely makes a dent. We need to take some steps that actually have an effect on the national debt. At a very minimum, we need to be working on a balanced budget (which Obama has...

Actually, quite a few Americans agree that we need a drastic overhaul of government now in order to save the economy and jobs. How does not reforming government waste and corruption in a bad economy...

Here's the full report: S&P

No, the rating was not lowered because taxes were no raised.

The housing bubble issue started way before then.

You're ignoring the internet bubble of the late 90s.

OK, we both livein TX. So why is it that the states with no state income tax are doing so much better financially than those with the highest taxes? Do you think it's a good idea to implement...

He couldn't even get 1 vote in the Senate from his own party for his budget proposal. He's a weak leader without any original ideas.

We could also eliminate the IRS. I'm not sure there are many Americans out there that would argue against that.

Historically, lower capital gains taxes typically result in more tax revenue. I'm not sure why this is really ever a major issue other than an opportunity for people that don't have money to...

The rich didn't get as big of a tax break as the lowest level did. It's an unfair criticism of tax changes that helped all Americans.

Let's blame the Tea Party for suggesting that the government is spending way too much money and not wanting to further grow the government or lock in the current spending levels through taxation. ...

Towards the end of the Clinton administration, the internet bubble burst. After Sep 11, 2001, the government took over airport security and created the department of homeland security. We have been...

I posted this in another thread yesterday...


The gap is too significant to rely on tax increases.

Obama has also lost popularity. Gas is more expensive because it is all based on the US dollar, and we are devaluing the dollar.

There was a great article in the Wall Street Journal a while back (link below) that stated, using IRS tax records, that if you taxed the top 10%, those people making over $114,000 per year, at a tax...

I thought about negging you for making a thread about it, but you're already red enough.

lol not going to happen

My wife's first language is spanish, and english has been a challenge for her. Fortunately, I also speak spanish. :D German is a ton harder than english or spanish.