That’s what I said. He’s taking a lot of Ls lately so is going on a tantrum tour about it (a MUCH less successful and likable one than Taylor’s Eras Tour 😉)
There’s no “could” push up interest rates, IT WILL. It also means the US government’s interest payments will rise too. But hey! America voted for him, so who’s to blame eh!
So how will Trump spin this.
1) It's Biden's fault.
2) Fake news.
3) It doesn't mean anything.
4) it's part of his genius plan to make America great.
5) This wouldn't have happened if the 2020 election hadn't been stolen from him.
Republicans scream about the need for deep cuts in spending to balance the budget. This would have more merit if they weren’t spending twice as much in tax cuts for millionaires. People will tighten their belt if everyone shares in the pain but right now rural America is being played for suckers.
👍🏻🎉👏🏻👏🏻 #FkTrump But of course everything thats HIS fault, everyone knows, he will claim is due to Biden (who hasnt been in office for 4 months) but 100% on Trump and his all his mindless idiot apointees. Yet another example of why the US is the posterchild of ultimate stupidity in the world
no, the cult will drink the koolaid and be dead before they will understand anything….ask anyone who voted for trump and they will say they would still vote for him again….
The US credit rating was last downgraded by Fitch Ratings on August 1, 2023, dropping it from AAA to AA+. Prior to that, Standard & Poor's (S&P) downgraded the US credit rating on August 5, 2011, also from AAA to AA+.
This has been a thing for a while. And these happened under Biden and Obama.
1/2
Fitch cited "concerns over rising government debt and fiscal deficits" and Standard & Poor "concerns over the government's budget deficit and political gridlock regarding fiscal policconcerns over the government's budget deficit and political gridlock regarding fiscal policy".
2/2
Trump had added $8 trillion to the debt and the "polical gridlock" was all the Republican controlled House or Representatives. But yeah, the downgrade happened while Biden was in office.
To be fair, America has been close to insolvent for a while. $35 Trillion is a lot, MAGA will just round it up to $40 Trillion. If anyone thought America will ever pay off it's debt, they live in LALA land. Soon much of the budget will be paying the interest & Moody knows this reality now also 😹
Trump has done everything possible to destroy all levers of America in the most expedient fashion, including threatening our allies and erosion of trust with the world.
Ah! As I said weeks ago (and as a Canadian I might add) the USA will loose its credit rating. So spoken, so done. One of the many thorny fruits spawned by your kakistocracy. The worse is yet to come, sadly. Buckle up.
What a corrupt Mafia state full of morons who believe anything isn't trustworthy😭😭😭😭😭 all your rich fucks who did this to us for a tax cut I hope interest rates and inflation eat that shit up. And the poor maga too
So I’m selling my bonds then? Awesome. Isn’t it amazing how it only takes one fool to destroy the full faith and credit of an entire nation? It took Trump 100 days to lay waste to the American economy.
and the republicans wants to add $4 trillion more to the deficit…US heading for an economic collapse and putin is laughing his ass off because that is how the soviet union fell….
It’s gonna get worse !!!
This country is rapidly pouring money into the oligarchs pockets so no one has a chance to even the field. We’ve done this to ourselves by buying into the gaggle of lies spewed by the current Chairman.
Trump and the republicans strike again. They cannot do anything right. This never happened under Biden. TRUMP YOU ARE A LOSER. https://www.usdebtclock.org/
In related news, @cnn.com will lose its in-house Trump cheerleader when he accepts the job of White House press secretary. He, in turn, will lose his freedom when Trump finds out that he talks like Liz Cheney and ships him off to Libya.
Well when you got a multi time BANKRUPTCY real estate failed business person running g the country. An making poor decisions. Are you really surprised. Now what for NAGA to praise and defend their cult leader. While bitching on social media ffs.
It's not the rating that pushes up interest rates.
It's the flawed and erratic economic policies the government has been executing consistently since the beginning combined with alienating allies and damaging relations with competitors.
I wonder if this is because the new "bright idea bill" drives up another 20 trillion in debt? Oh of course it is, but Trump will claim it is political, his drones will say it is political, his cult members will say it is political.
Well now isn’t this a surprise or not instead of filing for bankruptcy on a business that he liquidated all the assets and pocketed the money, he’s ruin the country and right after all that cash Business Trump and the Arabs did plus a shiny used 2nd hand Plush Plane This needs to end now
Moody's held a perfect credit rating for the United States since 1917.
The cost of doing international business just went up, again.
But the presidents rich, so he’ll be just fine, nothing to worry about here..
And the dollar as the world reserve currency takes anothe fatal hit.
When enough nations sell out of the dollar, prices in America are going to skyrocket. It will be like Italy after the war, a loaf of bread will cost $5,000.
Blame Trump for that, as his credit rating is through the floor because of him being convicted of fraud. Trump is the biggest fraud in American history, and it’s no wonder United States has lost its perfect credit rating
Comments
1) It's Biden's fault.
2) Fake news.
3) It doesn't mean anything.
4) it's part of his genius plan to make America great.
5) This wouldn't have happened if the 2020 election hadn't been stolen from him.
And you have been helping Evil all along, hope all you "crack" "journalists" are proud of yourselves....
(need that "access" crack tho)
Republicans are Trump accomplices. They are all in this together. Remember.
>>> This would all STOP if they objected. <<<
They have now become the enemy. Treat them accordingly!
This has been a thing for a while. And these happened under Biden and Obama.
Fitch cited "concerns over rising government debt and fiscal deficits" and Standard & Poor "concerns over the government's budget deficit and political gridlock regarding fiscal policconcerns over the government's budget deficit and political gridlock regarding fiscal policy".
Trump had added $8 trillion to the debt and the "polical gridlock" was all the Republican controlled House or Representatives. But yeah, the downgrade happened while Biden was in office.
TOO OLD TO CARE. !
This country is rapidly pouring money into the oligarchs pockets so no one has a chance to even the field. We’ve done this to ourselves by buying into the gaggle of lies spewed by the current Chairman.
Do you still think that this is a democracy???
WRONG !!!
It's the flawed and erratic economic policies the government has been executing consistently since the beginning combined with alienating allies and damaging relations with competitors.
The cost of doing international business just went up, again.
But the presidents rich, so he’ll be just fine, nothing to worry about here..
When enough nations sell out of the dollar, prices in America are going to skyrocket. It will be like Italy after the war, a loaf of bread will cost $5,000.
Trump has ruined us all.