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3.8 million of 3.3 million jobs created since 2009 went to people aged 55+


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#71 natty

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Posted 04 January 2013 - 04:35 PM

Our credit rating was and will be lowered because investors feel that Washington does not know how to pay off this climbing debt, and therefore may never do so.

You said it yourself, no long term solution. And I still have not heard of a single one, other than if the economy grows we can get out of this mess.

What if it doesn't?


Do you remember when the rating was downgraded? It was when the debt ceiling was being used as a bargaining chip.

#72 Delhommey

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Posted 04 January 2013 - 04:36 PM

Our credit rating was and will be lowered because investors feel that Washington does not know how to pay off this climbing debt


Looks like a prediction to me.

#73 Davidson Deac II

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Posted 04 January 2013 - 04:50 PM

Nowhere do I claim to be, you do to some extent, but I certainly don't.

Del, I am worried about the future of this country, I am not trying to outsmart anyone, or prove people wrong. I am just trying to point out to a few others that we probably need to start opening our eyes, and pay attention to what DC is doing to us.

Maybe you like the road we are heading down, and that's cool, but personally I don't. I would love to take home more of my money. I would love to not pass on debt that my generation accrued to my children.

But whatever.


Fwiw, most of us pay attention, at least most that vote anyway. The problem is that our leaders can't come to a consensus as to how to fix it. And our leaders are merely a reflection of the voting populace. The best way to fix it imo is a balanced approach of cutting spending (mostly across the board) and most of the bush tax cuts to expire. But both sides are going to have to come to an agreement, and so far, they haven't.

#74 thefuzz

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Posted 04 January 2013 - 05:03 PM

Looks like a prediction to me.



Prediction...no, assumption....yes.

I feel that we will have it lowered again, but I certainly can't predict the future.

#75 thefuzz

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Posted 04 January 2013 - 05:05 PM

Fwiw, most of us pay attention, at least most that vote anyway. The problem is that our leaders can't come to a consensus as to how to fix it. And our leaders are merely a reflection of the voting populace. The best way to fix it imo is a balanced approach of cutting spending (mostly across the board) and most of the bush tax cuts to expire. But both sides are going to have to come to an agreement, and so far, they haven't.



100% agree with you. I just have not seen any indication out of this government that they are willing to cut any spending what so ever.

More interested in their next 15 years instead of this country's next 150.

#76 pstall

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Posted 04 January 2013 - 05:09 PM

what is the FED shooting for when it says they won't touch rates until unemployment is at 6.5%?

#77 Davidson Deac II

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Posted 04 January 2013 - 05:18 PM

100% agree with you. I just have not seen any indication out of this government that they are willing to cut any spending what so ever.

More interested in their next 15 years instead of this country's next 150.


The current administration has definitely shown they are willing to cut some spending, especially military. Fwiw, I don't have a problem with cutting some military spending, as long as other areas are cut as well.

#78 thefuzz

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Posted 04 January 2013 - 06:28 PM

The current administration has definitely shown they are willing to cut some spending, especially military. Fwiw, I don't have a problem with cutting some military spending, as long as other areas are cut as well.


Agreed on the across the board stuff. I am not a fan of raising taxes and not expansive cuts.

#79 Happy Panther

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Posted 04 January 2013 - 07:01 PM

You don't really believe that do you?

With the speed in which we are increasing spending.

If I could see a true decrease in spending out of Washington, then I will go along with this. However I don't, and haven't in years.


The difference between 2% growth and 3% is massive. Sure I can't predict how spending goes but we would have to spend like even more drunk sailors to screw up solid economic growth.

#80 pstall

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Posted 04 January 2013 - 07:09 PM

The difference between 2% growth and 3% is massive. Sure I can't predict how spending goes but we would have to spend like even more drunk sailors to screw up solid economic growth.



i think many of those sailors are still in office.


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