Page 27 of 207 FirstFirst ... 1725262728293777127 ... LastLast
Results 261 to 270 of 2065

Thread: United States loses its AAA Credit rating from S & P

  1. #261
    Sage

    Join Date
    Sep 2007
    Last Seen
    09-24-17 @ 04:38 AM
    Lean
    Undisclosed
    Posts
    29,261

    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by apdst View Post
    This is a result of the Democrats trying to make more poor people and grow their voting base. But, the American people on to their plan and are going to vote their dumbasses out next year.


    Th Republicans are doing a fine job of growing the lower classes on the economic scale.

  2. #262
    Banned
    Join Date
    Jan 2011
    Last Seen
    08-25-16 @ 08:31 PM
    Lean
    Liberal
    Posts
    11,265

    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by apdst View Post
    Less government intervention in the private sector and it took place after WW2. The Revenue Act of 1948, is what ended the great depression.
    WTF?? So now you think the Great Depression didn't end until 1948??

    I guess you don't know that unemployment rose by 55% in 1949, following the passage of that act, huh?

  3. #263
    Sage
    apdst's Avatar
    Join Date
    Jun 2009
    Location
    Bagdad, La.
    Last Seen
    Yesterday @ 10:38 PM
    Gender
    Lean
    Very Conservative
    Posts
    76,520

    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Goldenboy219 View Post
    In November of 1948, the United States entered a recession.

    I wonder how far you are willing to go to avoid admitting you are dead wrong.
    It lasted for what? 10 months? It was a very minor recession and after that, embarked on a very prosperous period. Imagine what might have happened if not for the tax cuts.

  4. #264
    Sage
    apdst's Avatar
    Join Date
    Jun 2009
    Location
    Bagdad, La.
    Last Seen
    Yesterday @ 10:38 PM
    Gender
    Lean
    Very Conservative
    Posts
    76,520

    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Sheik Yerbuti View Post
    WTF?? So now you think the Great Depression didn't end until 1948??


    Not fully, no.



    I guess you don't know that unemployment rose by 55% in 1949, following the passage of that act, huh?
    It had nothing to do with the tax cuts and the recession only lasted for 10 months, then things boomed. Wanna compare those results to the massive government spending caziness? How long did the depression last?

  5. #265
    Banned
    Join Date
    Jan 2011
    Last Seen
    08-25-16 @ 08:31 PM
    Lean
    Liberal
    Posts
    11,265

    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Goldenboy219 View Post
    In November of 1948, the United States entered a recession.

    I wonder how far you are willing to go to avoid admitting you are dead wrong.
    I don't think there's a limit to that.

  6. #266
    I'm not-low all the time
    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    West Loop
    Last Seen
    Yesterday @ 08:06 PM
    Gender
    Lean
    Independent
    Posts
    16,263

    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by apdst View Post
    It lasted for what? 10 months? It was a very minor recession and after that, embarked on a very prosperous period. Imagine what might have happened if not for the tax cuts.
    And still you continue this facade. You are dead wrong. Nothing you have provided serves as a reference to your position as it is essentially opinionated drivel that is concocted to fit your ideology. Admit your error and go on your way.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  7. #267
    Banned
    Join Date
    Jan 2011
    Last Seen
    08-25-16 @ 08:31 PM
    Lean
    Liberal
    Posts
    11,265

    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by apdst View Post

    This is a result of the Democrats trying to make more poor people and grow their voting base. But, the American people on to their plan and are going to vote their dumbasses out next year.
    Spits the post who thinks the Great Depression lasted some 20 years.

  8. #268
    Holy Crap!
    Red Crow's Avatar
    Join Date
    Sep 2010
    Location
    Hawaii, USA
    Last Seen
    12-06-15 @ 11:54 AM
    Gender
    Lean
    Independent
    Posts
    3,429

    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Sheik Yerbuti View Post
    The downgrade came as a result of uncertainty that would could successfully attack our debt problem because the Democrats and Republicans can't work together on the issue. That was the goal of Republican party of "no." They brought the government to a complete standstill with their "my way or the highway" approach. The president, being the leader of the nation, gets the blame. They got what they wanted.
    The downgrade came as a result of the 14 trillion Dlls. deficit and it works the same with a person that owes too much money. Your credit rating goes down. Greece here we come!!!!!!
    Catch me if you can.

  9. #269
    Sage
    apdst's Avatar
    Join Date
    Jun 2009
    Location
    Bagdad, La.
    Last Seen
    Yesterday @ 10:38 PM
    Gender
    Lean
    Very Conservative
    Posts
    76,520

    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by winston53660 View Post
    Th Republicans are doing a fine job of growing the lower classes on the economic scale.
    They'll be doing even better, when they are in complete control, unless they get scared and do stupid **** to appease poor people.

  10. #270
    Student Flyersfan314's Avatar
    Join Date
    Jul 2011
    Location
    South Florida
    Last Seen
    10-27-12 @ 11:30 AM
    Gender
    Lean
    Slightly Liberal
    Posts
    232

    Re: United States loses its AAA Credit rating from S & P

    Guys please stop responding to apdst. This thread is getting filled with more BS than a porta-potty.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •