Socialism Threatens America’s Credit

J.J. Jackson* | January 14, 2008 

Well DUH! Spending obscene amounts of money on government programs and soaring debt is eventually going to catch up to the United States.

The US is at risk of losing its top-notch triple-A credit rating within a decade unless it takes radical action to curb soaring healthcare and social security spending, Moody’s, the credit rating agency, said yesterday.
The warning over the future of the triple-A rating - granted to US government debt since it was first assessed in 1917 - reflects growing concerns over the country’s ability to retain its financial and economic supremacy.

It’s ok though liberals from both major political parties have the answer. Increase taxes! It’s so simple. Dumb and flawed … but simple.


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One Response to “Socialism Threatens America’s Credit”

  1. Sgt. Shammy on January 14th, 2008 8:47 pm

    Don’t hold your breath. Socialists never change. They just try more socialism. And destroy the nation as they do.

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