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Old 08-07-2011, 05:15 PM   #39
saden1
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Join Date: Feb 2004
Location: Seattle
Age: 46
Posts: 10,069
Re: US Credit Rating Downgraded To AA+

This country has a financial structure problem. One side doesn't want entitlement cuts and wants to raise social spending, the other doesn't want to cut defense spending or raise taxes. Our political system is straight out of The Wire.

S&P is doing this country a favor over the long run by downgrading its rating.
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