The Soapbox

BocaHoo91

Joined: 06/03/2005 Posts: 31276
Likes: 52981


I spend less time here, but in guess I hold out hope


that some actual discussions can happen. Until the fever breaks with the GOP, there’s really not much of a basis for rational discussion.

I think the thesis of a downgrade based on metrics is a bit silly. We have effectively unlimited capacity to pay our debts. Now that may come with hugely inflationary results, but the only way we actually default is by voluntarily deciding to do so. And some on the right seem to think that’s a valid option. So that DOES make it political.

(In response to this post by nyhoo)

Posted: 08/02/2023 at 12:36PM



+3

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Current Thread:
 
  
Fitch Downgrades the United States' Long-Term Ratings -- Hoos Operator 08/02/2023 09:24AM
  Get help Boca. ** -- Hoos Operator 08/02/2023 11:50AM
  Building Back Better. ** -- Los Angeles Hoo 08/02/2023 10:52AM
  Here is a part you left out of your copy and paste -- 111Balz 08/02/2023 09:34AM

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