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The Water Cooler
General Discussion
Is a Downgrade of US Credit Inevitable?
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<blockquote data-quote="RickN" data-source="post: 1583839" data-attributes="member: 8854"><p>So true!!!!</p><p></p><p>What gets me is that if Obama gets the increase he wants, he will have increased the debt ceiling more in 2-1/2 years then Bush II did in 8, and Bush was already a big spender.</p><p></p><p>If you look a the link below, you see that all the promises of cuts through the last several admins have been nothing but BS.</p><p></p><p><a href="http://www.foxnews.com/politics/2011/07/26/raw-data-past-debt-ceiling-increases/" target="_blank">http://www.foxnews.com/politics/2011/07/26/raw-data-past-debt-ceiling-increases/</a></p></blockquote><p></p>
[QUOTE="RickN, post: 1583839, member: 8854"] So true!!!! What gets me is that if Obama gets the increase he wants, he will have increased the debt ceiling more in 2-1/2 years then Bush II did in 8, and Bush was already a big spender. If you look a the link below, you see that all the promises of cuts through the last several admins have been nothing but BS. [url]http://www.foxnews.com/politics/2011/07/26/raw-data-past-debt-ceiling-increases/[/url] [/QUOTE]
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Is a Downgrade of US Credit Inevitable?
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