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

  1. #591
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Thunder View Post
    what was the budget deficit in 2000?
    read what was written ..... what was our debt load from 1992 to 2000? Did that increase by nearly 1.5 trillion dollars or not ?

    Now you can claim surpluses all you want...... then tell me where the money went, because our debt continued to rise .. ever year ..
    Last edited by The Barbarian; 08-11-11 at 08:12 PM.

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

    Quote Originally Posted by Conservative View Post
    Ask the IRS, they put out the numbers. Amazing how you ignore reality. Let's get back on track, Obama inherited an AAA rating from Bush that is now AA+, the first downgrade in history. That is a fact that has to be addressed an you haven't done that? You believe it is a revenue problem yet since Obama took office the debt has grown 4 trillion dollars taking us to almost 100% of GDP. That is what liberal Obama supporters want to ignore
    You made the claim they get their money back, so i'm asking YOU how this is done.

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


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

    Quote Originally Posted by pbrauer View Post
    You made the claim they get their money back, so i'm asking YOU how this is done.
    By taking advantage of the law. You seem to think I care, I don't but those who think we have a revenue problem should

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

    Quote Originally Posted by The Barbarian View Post
    I'm sorry, I fail to see how we were on our way to solving our debt problem before the Bush tax cuts . during the 8 years of Clinton, we still added 1.5 trillion dollars to our debt load, that was with an increase in taxes .
    Clinton had a budget surplus.

    So your opinion of fixing our debt problem is increasing taxes, then adjust spending so you are still spending more than what is taken in ?? I guess only in the mind of a liberal does that work.
    That's not what I wrote.

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

    Quote Originally Posted by pbrauer View Post
    Clinton had a budget surplus.


    That's not what I wrote.
    No, Clinton didn't but you and others keep making that claim. You don't seem to understand what creates a surplus so again, public debt PLUS intergovt. holdings=surplus or deficit. tell me that Clinton had a surplus adding 1.3 trillion to the debt. Now what does that have to do with Obama inheriting an AAA rating and having ti downgraded?

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

    Yeah, so what?

    All of the Republican's signed the Grover Norquist pledge.

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

    Quote Originally Posted by Conservative View Post
    No, Clinton didn't but you and others keep making that claim. You don't seem to understand what creates a surplus so again, public debt PLUS intergovt. holdings=surplus or deficit. tell me that Clinton had a surplus adding 1.3 trillion to the debt. Now what does that have to do with Obama inheriting an AAA rating and having ti downgraded?
    What does the AAA downgrade have to do with anything. Even Gov. Christie said it was ridiculous.

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

    =pbrauer;1059721271]Clinton had a budget surplus
    .
    okay what did he do with that money, because every year he was in office our nation debt rose .. do you deny that ?

    That's not what I wrote.
    It's not ?? you did say we were on our way to solving our debt crisis ..... we raised taxes ... you certainly have to agree with that ...... and yet each and every year he was in office our debt rose. Now you can claim surpluses all you want .... but you cannot deny that our debt rose every year .. including the year 2000 ..... you and even government numbers say there was a surplus .... I just can't help but to wonder where all this surplus money went to .. .because it didn't go to paying down the debt ..

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

    Quote Originally Posted by pbrauer View Post
    What does the AAA downgrade have to do with anything. Even Gov. Christie said it was ridiculous.
    Right, no problem, a credit downgrade is never a problem in the liberal world, just print more money

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