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The Water Cooler
General Discussion
Is a Downgrade of US Credit Inevitable?
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<blockquote data-quote="Dale00" data-source="post: 1583907" data-attributes="member: 688"><p>I hear you. A small nearby town just got a grant (federal, I assume) for $50,000 to fix the roof, put in new carpet etc in their police department. According to the newspaper it is a great thing. To me it is bad policy. Towns should pay for their own maintenance. </p><p></p><p>But still the best way I know to bring about such a change is to cut the appropriate federal agency by 25% or more. They will be scrambling to save their positions and in the process the grant money will dry up.</p><p></p><p>If we don't prune back federal agencies, they will keep growing. The nation is way too top heavy.</p></blockquote><p></p>
[QUOTE="Dale00, post: 1583907, member: 688"] I hear you. A small nearby town just got a grant (federal, I assume) for $50,000 to fix the roof, put in new carpet etc in their police department. According to the newspaper it is a great thing. To me it is bad policy. Towns should pay for their own maintenance. But still the best way I know to bring about such a change is to cut the appropriate federal agency by 25% or more. They will be scrambling to save their positions and in the process the grant money will dry up. If we don't prune back federal agencies, they will keep growing. The nation is way too top heavy. [/QUOTE]
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Is a Downgrade of US Credit Inevitable?
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