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Moodys Downgrade: Bidenomics Failure Every week just seems to get worse and worse for Joe Biden. Moodys now calls the credit outlook of the US economy negative. I called that 3 years ago. What took Moodys so long to figure it out? Who would have thought having a 1.7 Trillion dollar deficit would do that? Who would have though higher interest rates on high borrowing would do that? Who would have thought massive not-so transitory inflation would do that? I guess Joe Biden thinks the credit downgrade is just another stripe on the tiger. I say the downgrade is not luck, it is by design. |
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11/12/2023 10:48 am |
Just add it to the list of Joe Biden failures. That is everything. Trump 45 & 47
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Are you fucking kidding me? A faux noise quote? To bad they lie! Proven in a court of law! Moodys downgraded US credit because we have to the 17th to keep the government from shutting down. Moodys sees no path that does not include a CR (useless) or a shutdown. Their words. Apparently you can't even read..... Civics 101: all revenue bills start in the HOUSE. Not in the senate or POTUS' office or in SCOTUS...... But the HOUSE! You are just willfully ignorant!!!!!! Who is in charge of the house? Repubs. What's their problem? The freedom caucus. They want the government to fail. The freedom caucus is going to cost EVERYBODY in the world more money. Making the government fail allows our opponents in the world more leverage over others. Countries in the world are laughing at the US because of the house. Moodys finally had to punish the US and the world because of the House's (read as repubs) failure. Your delusion that this is a POTUS failure is just ignorant. Learn (re-learn?) civics. You stupidity is just blooming everytime you open your mouth. I suggest you do about 3 mins worth of searches before you just make a complete fool of yourself - wait, it's too late.
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Countries in the world are laughing at the US because of our stupid bidet.
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Countries in the world are laughing at the US because of our stupid bidet.
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Downgraded due to the asshat insurrectionist cult clownshow GOP Congress.
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A dysfunctional house? That's bidens fault how? You're just stupid which can't be fixed. Ignorance says that with a bit of information and the understanding of how to construct an argument, a debate can be had. With your stupidity, we can only point at you, laugh, and move on...... REAL numbers and not just democrat words WITHOUT facts and figures! 2020 saw new lows for mortgage rates, with the 30-year fixed rate diving to just under 3 percent, according to Bankrate data, and averaging 3.38 percent for the year. Amid the pandemic, fearful investors were attracted to safer products such as Treasury and mortgage bonds, pushing yields — and rates — lower. Then came 2022 and 2023. In October 2022, the 30-year rate breached 7 percent, but settled back into the 6 percent range for the first half of 2023. In July 2023, rates reversed course, and the 30-year has since steadily tracked over 8 percent. Debt By U.S. President Franklin D. Roosevelt $178,464,714,660.98 Woodrow Wilson $23,036,251,492.50 Ronald Reagan $1,604,482,712,041.16 George W. Bush $4,217,261,484,712.34 Barack Obama $7,663,615,710,425.00 George H. W. Bush $1,207,189,695,334.34 Richard Nixon $121,339,561,890.14 Donald Trump $6,700,491,178,561.60 Jimmy Carter $208,861,000,000.00 Bill Clinton $1,262,689,326,747.48 Theodore Roosevelt $483,479,337.65 Gerald Ford $87,244,000,000.00 Herbert Hoover $2,555,913,960.03 Lyndon B. Johnson $35,865,507,168.58 Joe Biden $2,499,993,043,258.10 William Howard Taft $228,827,633.12 Dwight D. Eisenhower $20,259,699,209.80 John F. Kennedy $16,888,694,386.36 Harry S. Truman $422,991,375.50 Warren G. Harding -$1,627,743,187.18 Calvin Coolidge -$3,646,519,788.06 ONLY two REPUBLICAN presidents REDUCED the national debt.
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Are you fucking kidding me? A faux noise quote? To bad they lie! Proven in a court of law! Moodys downgraded US credit because we have to the 17th to keep the government from shutting down. Moodys sees no path that does not include a CR (useless) or a shutdown. Their words. Apparently you can't even read..... Civics 101: all revenue bills start in the HOUSE. Not in the senate or POTUS' office or in SCOTUS...... But the HOUSE! You are just willfully ignorant!!!!!! Who is in charge of the house? Repubs. What's their problem? The freedom caucus. They want the government to fail. The freedom caucus is going to cost EVERYBODY in the world more money. Making the government fail allows our opponents in the world more leverage over others. Countries in the world are laughing at the US because of the house. Moodys finally had to punish the US and the world because of the House's (read as repubs) failure. Your delusion that this is a POTUS failure is just ignorant. Learn (re-learn?) civics. You stupidity is just blooming everytime you open your mouth. I suggest you do about 3 mins worth of searches before you just make a complete fool of yourself - wait, it's too late.
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A dysfunctional house? That's bidens fault how? You're just stupid which can't be fixed. Ignorance says that with a bit of information and the understanding of how to construct an argument, a debate can be had. With your stupidity, we can only point at you, laugh, and move on......
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I got a great laugh at the way you use your punctuation. REAL numbers and not just democrat words WITHOUT facts and figures! 2020 saw new lows for mortgage rates, with the 30-year fixed rate diving to just under 3 percent, according to Bankrate data, and averaging 3.38 percent for the year. Amid the pandemic, fearful investors were attracted to safer products such as Treasury and mortgage bonds, pushing yields — and rates — lower. Then came 2022 and 2023. In October 2022, the 30-year rate breached 7 percent, but settled back into the 6 percent range for the first half of 2023. In July 2023, rates reversed course, and the 30-year has since steadily tracked over 8 percent. Debt By U.S. President Franklin D. Roosevelt $178,464,714,660.98 Woodrow Wilson $23,036,251,492.50 Ronald Reagan $1,604,482,712,041.16 George W. Bush $4,217,261,484,712.34 Barack Obama $7,663,615,710,425.00 George H. W. Bush $1,207,189,695,334.34 Richard Nixon $121,339,561,890.14 Donald Trump $6,700,491,178,561.60 Jimmy Carter $208,861,000,000.00 Bill Clinton $1,262,689,326,747.48 Theodore Roosevelt $483,479,337.65 Gerald Ford $87,244,000,000.00 Herbert Hoover $2,555,913,960.03 Lyndon B. Johnson $35,865,507,168.58 Joe Biden $2,499,993,043,258.10 William Howard Taft $228,827,633.12 Dwight D. Eisenhower $20,259,699,209.80 John F. Kennedy $16,888,694,386.36 Harry S. Truman $422,991,375.50 Warren G. Harding -$1,627,743,187.18 Calvin Coolidge -$3,646,519,788.06 ONLY two REPUBLICAN presidents REDUCED the national debt. The rest of your numbers? POTUS, and even the entire government, has no control over. Interest rates? That's a function of the FED - a non-governmental institution. It is a bank run by millionaires - opps, MULTI-MILLIONAIRES. They don't care if interest rates hit 14%. They just either take loans off of their stock portfolio at reduced rates or just spend their dividends taxed at 15% (your tax rate is 28% on your income or larger). Interest rates is the only knob they have to keep inflation at 2%. Assuming that's a good number...... However, you missed the entire point by trying to blame some one else. Moodys downgraded our credit simply because the House is dysfunctional. They will not be able to keep the government from defaulting on its debt. They can push it off with a CR, but that's not a solution. Moodys is looking for stability in the government. The house is VERY unstable. It is the repubs not being able to rein in the freedom caucus - even with a member of the caucus as speaker. That's is what Moodys is reacting too and that what they said..... Maybe read what is being talked about instead of quoting numbers that have no relavence to the argument.
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Minor issue. You left off the years as these are $ when expended. Not sure about your order either. I am converting these debt numbets into 9/30/2023 $s. Trump still wins as spending the most per year! Of course, civics 101 - POTUS SPENDS WHAT CONGRESS TELLS IT TO. I am also making the numbers you quoted by congress number and who ran the House as they start all revenue bills. Civics 101. I am also going ALL THE WAY BACK TO WASHINGTON AND THE FIRST CONGRESS UNDER THE CONSTITUTION. Your numbers are just incomplete. Remember, FDR has WWII and the Manhattan Project - a blank check! The rest of your numbers? POTUS, and even the entire government, has no control over. Interest rates? That's a function of the FED - a non-governmental institution. It is a bank run by millionaires - opps, MULTI-MILLIONAIRES. They don't care if interest rates hit 14%. They just either take loans off of their stock portfolio at reduced rates or just spend their dividends taxed at 15% (your tax rate is 28% on your income or larger). Interest rates is the only knob they have to keep inflation at 2%. Assuming that's a good number...... However, you missed the entire point by trying to blame some one else. Moodys downgraded our credit simply because the House is dysfunctional. They will not be able to keep the government from defaulting on its debt. They can push it off with a CR, but that's not a solution. Moodys is looking for stability in the government. The house is VERY unstable. It is the repubs not being able to rein in the freedom caucus - even with a member of the caucus as speaker. That's is what Moodys is reacting too and that what they said..... Maybe read what is being talked about instead of quoting numbers that have no relavence to the argument. newAndCurious888 HE DID QUOTE NUMBERS OF "Who would have thought having a 1.7 Trillion dollar deficit would do that? I simply continued on those SAME DEFICIT numbers! So go buy new glasses! Learn how in THIS COUNTRY the rates are set by the Federal goverment. Then learn what Civics 101 actually is.........HOW A BILL BECOMES LAW
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HEY Ds_seek_sub_slav you should buy new glasses! When this thread started by newAndCurious888 HE DID QUOTE NUMBERS OF "Who would have thought having a 1.7 Trillion dollar deficit would do that? I simply continued on those SAME DEFICIT numbers! So go buy new glasses! Learn how in THIS COUNTRY the rates are set by the Federal goverment. Then learn what Civics 101 actually is.........HOW A BILL BECOMES LAW Can't make it any clearer - here's a thought, READ MOODYS OWN WORDS! The debt was a small factor but WHO RUNS THE DEBT? Not POTUS. The House. All factors point directly at the house and it's current instability. Without a functioning house, NOTHING CAN GET DONE. There is nothing the senate can do. There is nothing POTUS can do. There is nothing SCOTUS can do. The HOUSE has to function. All revenue bills start in the house! No appropriations bills - the money POTUS can spend on what - the government shuts down. No contractors are paid. No debt is serviced. The government stops except for essential services and those employees work but aren't paid. The government defaults on its debt. Aka, goes bankrupt..... Wow. Your civics sucks. Probably because of your willful ignorance. Nobody in the government sets interest rates. Please tell me what department/agency in the government controls that? You can't. It's the federal reserve bank run by a bunch of multi-millionaires. The head is appointed by POTUS. POTUS can control that, but does not set rates! Hell, Alan Greenspan caused two recessions. He was the God of the FED and still fucked up. So, don't lecture me about civics. You got it wrong. Move on.
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I explained it to you, you just aren't willing to accept it. Willingly ignorant liberal. The FED controls interest rates and got involved in buying stocks competing with your 401k driving up stock prices artificially. The house just elected a speaker that should have run for pastor. It is completely dysfunctional can’t pass anything and can’t even pass anything the senators of its own party would agree to. You have a senator that thinks the three branches of government are the president the house and the senate that is holding up over 300 promotions to command positions in our military which he never served in but compared it equally with coaching a football team. Last I checked one team didn’t try and kill the other one. Btw he would prefer you call him coach than senator he considers serving the alumni and boosters at the college more prestigious than being a senator. Everything Trump Touches Dies All hail MAGA they’ll keep losing. It’s what they do
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Countries in the world are laughing at the US because of our stupid bidet. The only thing people from other countries are laughing at is all the crazy things coming out of trump, his family or his lawyers mouths. Hope
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Are you fucking kidding me? A faux noise quote? To bad they lie! Proven in a court of law! Moodys downgraded US credit because we have to the 17th to keep the government from shutting down. Moodys sees no path that does not include a CR (useless) or a shutdown. Their words. Apparently you can't even read..... Civics 101: all revenue bills start in the HOUSE. Not in the senate or POTUS' office or in SCOTUS...... But the HOUSE! You are just willfully ignorant!!!!!! Who is in charge of the house? Repubs. What's their problem? The freedom caucus. They want the government to fail. The freedom caucus is going to cost EVERYBODY in the world more money. Making the government fail allows our opponents in the world more leverage over others. Countries in the world are laughing at the US because of the house. Moodys finally had to punish the US and the world because of the House's (read as repubs) failure. Your delusion that this is a POTUS failure is just ignorant. Learn (re-learn?) civics. You stupidity is just blooming everytime you open your mouth. I suggest you do about 3 mins worth of searches before you just make a complete fool of yourself - wait, it's too late. I guess that is the one phrase they taught it in charm school.....   
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