1. Forum
  2. Usenet
  3. TALK.POLITICS.GUNS

  • =?UTF-8?Q?U=2ES=2E_Downgraded_by_Moody=E2=80=99s_as_Trump_Pushes_Co?= =

    From pothead@21:1/5 to All on Fri Aug 1 10:59:08 2025
    XPost: alt.fan.rush-limbaugh, alt.society.liberalism, alt.atheism
    XPost: alt.fun, alt.politics.democrats.d

    Now all three major credit rating firms no longer give the United States their best rating.

    By Tony Romm, Andrew Duehren and Joe Rennison
    May 16, 2025

    The credit rating of the United States received a potentially costly downgrade on Friday, as the ratings firm Moody’s determined that the government’s rising
    debt levels stood to grow further if Republicans enact a package of new tax cuts.

    The downgrade, to one notch below the highest triple-A rating, amounted to a repudiation of Washington, where President Trump only hours earlier had pushed his party to adopt a legislative package that might add trillions of dollars to the nation’s fiscal imbalance.

    The downgrade from Moody’s means that each of the three major credit rating agencies no longer gives the United States its best rating. Fitch downgraded the
    United States in 2023, citing fiscal concerns, and Standard & Poor’s downgraded
    the country in 2011.

    https://www.nytimes.com/2025/05/16/business/us-credit-downgrade-moodys.html

    Trump is deliberately destroying the country.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Fred Barchetta@21:1/5 to pothead on Fri Aug 1 14:43:45 2025
    XPost: alt.fan.rush-limbaugh, alt.society.liberalism, alt.atheism
    XPost: alt.fun, alt.politics.democrats.d

    On 8/1/25 1:59 PM, pothead wrote:
    Now all three major credit rating firms no longer give the United States their best rating.

    By Tony Romm, Andrew Duehren and Joe Rennison
    May 16, 2025

    The credit rating of the United States received a potentially costly downgrade on Friday, as the ratings firm Moody’s determined that the government’s rising debt levels stood to grow further if Republicans
    enact a package of new tax cuts.

    The downgrade, to one notch below the highest triple-A rating, amounted
    to a repudiation of Washington, where President Trump only hours earlier
    had pushed his party to adopt a legislative package that might add
    trillions of dollars to the nation’s fiscal imbalance.

    The downgrade from Moody’s means that each of the three major credit
    rating agencies no longer gives the United States its best rating. Fitch downgraded the United States in 2023, citing fiscal concerns, and
    Standard & Poor’s downgraded the country in 2011.

    https://www.nytimes.com/2025/05/16/business/us-credit-downgrade-moodys.html

    Trump is deliberately destroying the country.

    Like magic, it would all be fixed if we just gave the government more of
    our money.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jojo@21:1/5 to pothead on Fri Aug 1 18:24:16 2025
    XPost: alt.fan.rush-limbaugh, alt.society.liberalism, alt.atheism
    XPost: alt.fun, alt.politics.democrats.d

    pothead wrote:
    Now all three major credit rating firms no longer give the United
    States their best rating.


    all those rating firms are garbage anyway. they rated cdos just fine.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)