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S&P Cuts US Credit Rating to AA+
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<blockquote data-quote="klein" data-source="post: 864829" data-attributes="member: 23950"><p>How many times did Obama ask for a balanced approach ?</p><p>Cut Spending and raise taxes !</p><p></p><p>Nobody on the right wanted to listen and they walked out 5 times during the meetings !</p><p></p><p>If you truley think big cuts are needed and the only way to get out of this financial mess, then you better be prepared for much higher unemployment, no more spending on infrastucture, even though it's really needed, and cuts to the elderly in form of reductions in medicare and SS.</p><p></p><p>And nevermind less tax revenue due to higher unemployment and more spending due to more on the unemployment payroll.</p><p>Why you can't agree, or any of the republicans, that a balanced approach would be much better, wonders me !</p></blockquote><p></p>
[QUOTE="klein, post: 864829, member: 23950"] How many times did Obama ask for a balanced approach ? Cut Spending and raise taxes ! Nobody on the right wanted to listen and they walked out 5 times during the meetings ! If you truley think big cuts are needed and the only way to get out of this financial mess, then you better be prepared for much higher unemployment, no more spending on infrastucture, even though it's really needed, and cuts to the elderly in form of reductions in medicare and SS. And nevermind less tax revenue due to higher unemployment and more spending due to more on the unemployment payroll. Why you can't agree, or any of the republicans, that a balanced approach would be much better, wonders me ! [/QUOTE]
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