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Who is responsible for the downgrading of the American credit status?

Who cause our AAA rating to drop?

  • Obama

    Votes: 2 6.5%

  • The Democrats

    Votes: 2 6.5%

  • The Republicans

    Votes: 11 35.5%

  • Other

    Votes: 16 51.6%
  • Total voters
    31
SPC

SPC

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Since no one seems to have asked this yet....
 
Both of them.....neither of them will cut what needs to be cut...they arent even looking at what needs to be done first....you have one side just railing on public workers and entitlements as the great evil and the other side wanting to protect their spending...

No one is looking at ending foreign aid...bringing home non essential troops from germany and elsewhere, ending subsidies to super rich corporations...the cost of illegal immigrants is crushing to this country their FREE medical costs alone...I could go on bout you get my drift..
Thats why myself and others are pissed that the teaparty just wants to hammer workers and seniors and give tax cuts to the rich thats what they are interested in instead of doing what needs to be done FIRST....same with the democrats.
 
Our federal government.
 
The downgrade is the result of years of deficits and a current lack of political consensus is Washington. Can't lay the blame on one person or one group.
 
According to S & P:

S&P said it was now "pessimistic about the capacity of Congress and the administration to be able to leverage their agreement this week into a broader fiscal consolidation plan that stabilizes the government's debt dynamics anytime soon."
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Sounds to me as if the fault lies with Congress and it's absurd ranting, hooting, and finger pointing instead of working together to meet a significant challenge.

But, now they will see the need to cooperate... what?

In reacting to the downgrade, Democrats and Republicans continued to blame each other and pledged to hold firm to their principles.
Click to expand...

Oh, never mind. We're screwed.
 
Dittohead not! said:
According to S & P:



Sounds to me as if the fault lies with Congress and it's absurd ranting, hooting, and finger pointing instead of working together to meet a significant challenge.

But, now they will see the need to cooperate... what?



Oh, never mind. We're screwed.
Click to expand...

I'm going with Harry. We're the idiots who keep voting for these jackasses (even those of us who try to vote against them by not voting for either party)
 
I picked other since all the above is not a option. Everybody is responsible for not making adequate cuts.You do not solve a spending problem by making meager cuts and borrowing more money that will put us further into debt.
 
politicians are
 
Redress said:
That is why I used the word "our". The federal government is at fault, and they are our federal government, chosen by us.
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I'm an advocate for change, without removing or instead changing the behavioral effects, of our social and spending programs.

In all seriousness, I find it hard to believe that everyone should have to shoulder the responsibility of the failure, when some people have tried to make a positive difference.

Edit: and no that doesn't mean I blame the "evil libbo socialists!!!1" it's just that many people are very, very resistant to what they've been used to for the past 30 years.
 
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Harry Guerrilla said:
I'm an advocate for change, without removing or instead changing the behavioral effects, of our social and spending programs.

In all seriousness, I find it hard to believe that everyone should have to shoulder the responsibility of the failure, when some people have tried to make a positive difference.

Edit: and no that doesn't mean I blame the "evil libbo socialists!!!1" it's just that many people are very, very resistant to what they've been used to for the past 30 years.
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You're just trying to deflect that this whole crisis is the result of 30 years of interrupted libertarian rule :mrgreen:
 
honestly, I have no problems laying most of the blame on the GOP over the last forty years.

We all understand the progressive movement wishes to continue to create a larger and larger government, and that has been a key cause as they successfully created a political environment (labor tax to service debt, fiat currency to devalue the debt, inflation tax hiding true costs of programs) that allowed to GOP to spend so ridiculously on war and military might.

so they all share blame, but the GOP continues to talk the talk while refusing to walk the walk and that makes me pretty angry.
 
well, let's see.

1. this kind of a crises has been in our future for some time.
2. it was, however, accelerated by the massive deficit spending over the last several years, and is now coming much, much, much, much sooner than anticipated.


so... since they took over the House of Representatives, which party spiked deficits the most compared to where they were?
 
Harry Guerrilla said:
Don't you want to be able to walk down the street, rubbing green jello all over you, while reading playboy? :2razz:
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I'm civilized.....like all people that use red jello.:2razz:
 
Another case where we should have had the option to vote for all of the above.

Our economic debacle has been a long time in coming and has been the fast track to disaster since Obama came along.

This issue goes all the way back to 9-11 and panic was allowed to control what was being done to avoid more of the same and President Bush along with both houses of Congress got into the habit of throwing money at problems or perceived problems when a little bit of thought would have served us better.
 
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