Comment

Kerry's 'Tea Party Downgrade' Comment Causes Outbreak of Right Wing Whining

185
goddamnedfrank8/07/2011 4:45:17 pm PDT

re: #173 sod

Well I guess I could say that the outlook on the long-term rating is negative. I could lower the long-term rating to ‘AA’ within the next two years if I see that less reduction in spending than agreed to, higher interest rates, or new fiscal pressures during the period result in a higher general government debt trajectory than I currently assume in my base case.

Why do you ignore increasing revenues? The S&P specifically dinged the Republicans for refusing to increase revenues. It’s like some kind of fucked up religion with you people to avoid at all costs considering or even mentioning this one, patently obvious solution.

If you think the country should be run like a business then tell me what kind of business model completely discounts the idea of raising revenues?