Quote:
Originally Posted by Joecooool
If our credit rating drops
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IF ???
When.
Even the shysters at Moody's won't purposefully bury their heads in the sand forever.
And we just learned that ONLY Tea Party Republicans are serious about the issue. The old-guard is NOT.
The chance of Republicans winning the presidency, retaining the house, and winning the senate is actually pretty good.
The chance of TEA PARTY conservatives doing so is almost zero.
I do not foresee the necessary actions being taken anytime soon, that being $1 Trillion in spending reduction EVERY SINGLE YEAR, NOT cumulative over TEN years.