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keneda7 | 2 years ago

> Fitch late on Tuesday lowered the US long-term rating one rung from triple A to double A plus, citing the country’s growing debt burden and an “erosion of governance”, including on fiscal matters. The action came two months after the country narrowly averted default amid political wrangling over the federal borrowing limit.

So you are trying to solely blame republicans yet completely ignore what the company doing actual downgrading said. We don't have to guess here, you just have to read what they said. I quoted it above for you so don't have to scroll back up.

I don't see Fitch saying its only because of republicans and their posturing but I do see them say its because of the growing debt burden. Take at look at who controlled the house when the debt burden was added. I'll give you a hint, a majority of it was not added by republicans. In fact this fiscal year, 1.6 trillion has been added to the debt. I would argue that is a major factor in the downgrade, because the organization doing the downgrading said it was.

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ragestorm|2 years ago

I wonder under which leadership the debt ballooned?