Fitch downgrades US credit rating, citing mounting debt and political divisions. I'm surprised it's not lower
GOP is no doubt dragging this country in to the shithole. Not aware of any shithole countries with good credit ratings. Expect ours to get worse.
Lol, so a US Company whose entire existence is predicated on the US dollar gives out a rating on its home country. No bias, nothing to see here.
Absolutely brilliant insight. GOP controls Presidency….oh, wait, sorry. GOP controls Senate…wha? No? GOP is dragging this country down - wow! What power the GOP has, what amazing ability to drag us down with split control over the government.
It remarkable isn’t it? All because of the stupid electoral system our founding fathers gave us and a political party full of vile shitheads with no redeeming value, on a relentless mission to send the country into the shitter. And that’s without getting into the shitheads appointed by the chief shithead (and lesser shitheads) before him on the SCOTUS and federal judiciary.
You need to get your facts straight. The GOP controls the House, which is dysfunctional, and the Senate, which is lead by a man who stares off into space for 15 seconds during a press conference, and has Cruz and Hawley as members. I’m not saying the democrats are without fault. I am saying they’re not genuflecting to a sociopath and a narcissist and supporting him as president KNOWING WHAT HE PLANS TO DO IF HE’S ELECTED AGAIN.
Again! A masterpiece! Founding fathers gave us a “stupid system.” Despite the fact that the US has become the most powerful nation in the world with 5% of the population. It is a stupid system - it’s just better than any other system invented to date.
Pubs do not control the Senate. And to be fair, the President does the same shit. Time for age and term limits.
We are going in to the dustbin of great nations. It’s OK happens to them all. But the rapidity of it led from within by a minority shithead segment of the population is distressing. Remains to be seen what will do us in first, them or climate change.
“Fitch informed Biden administration officials that the Jan. 6, 2021 insurrection was a factor in its decision to downgrade because it indicated an unstable government,”. ie MAGA
Hmmm… that sounds like Fitch is saying the Biden administration hasn’t done much of anything to heal the divide, thus the risk of insurrection is higher. Interesting.
Trump forments an insurrection and is the leading candidate for the GOP nomination. And you blame Biden. The undying love for the former president makes this government unstable.
Have you actually read Fitch's downgrade? It's because Congress suspended the debt ceiling until 2025. Fitch doesn't see a world where "deficits don't matter."
You are cherry picking. https://www.fitchratings.com/resear...tates-aaa-on-rating-watch-negative-24-05-2023
