It would limit the amount investors would be willing to invest in the US. As long as the three major rating agencies continue to give the green light to US investments, further degrading our ability to meet future obligations, politicians will continue to stick with the status quo.Answer Question
Answer by amazinggrace83 at 4:57 PM on Apr. 18, 2011
Answer by UpSheRises at 5:08 PM on Apr. 18, 2011
Answer by janet116 at 5:19 PM on Apr. 18, 2011
I think it just might be what is needed--assuming politicians actually plan on walking the walk, and not just talking the talk when it comes to fostering a jobs-centric culture and reigning in the spending!!
Answer by LoriKeet at 5:19 PM on Apr. 18, 2011
Answer by janet116 at 5:32 PM on Apr. 18, 2011
Answer by jesse123456 at 6:47 PM on Apr. 18, 2011
Does he ever look back at past actions to see how they worked or is it an 'out of sight - out of mind' mentality. Either way - he sucks at economics.
Yes, he did- even carried RR's book around with him. Obama, similar to RR, spent like a drunken sailor and extended tax cuts. RR got lucky, as spending like a fool while growing an unfunded government worked for him, BECAUSE we still had a strong manufacturing sector, money in the bank and a reputation as a stable economic powerhouse. Unfortunately, the last 30 years of PPP and fiscal MISmanagement has now caught up with this country.
Without campaign and elections reform we are hosed- Favors due can not be part of a stable government!
Answer by Sisteract at 8:44 PM on Apr. 18, 2011
Answer by yourspecialkid at 9:03 PM on Apr. 18, 2011
Answer by UpSheRises at 2:03 PM on Apr. 19, 2011