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S&P Cuts US Credit Rating to AA+
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<blockquote data-quote="The Other Side" data-source="post: 864267" data-attributes="member: 17969"><p>CAN YOU SPELL RECESSION? If anyone took your advice, we'd head right into a depression. Stop consumer spending for a while? Seriously? What happens to GDP? Dont buy a car? What happens to the tax revenue that isnt collected during that period?</p><p></p><p>It doesnt take a mathematical genious to know that if you stop buying, tax revenue isnt collected and the DEFICIT GROWS larger!</p><p></p><p>Geez, does anyone really have a clue?</p><p></p><p>Peace.</p></blockquote><p></p>
[QUOTE="The Other Side, post: 864267, member: 17969"] CAN YOU SPELL RECESSION? If anyone took your advice, we'd head right into a depression. Stop consumer spending for a while? Seriously? What happens to GDP? Dont buy a car? What happens to the tax revenue that isnt collected during that period? It doesnt take a mathematical genious to know that if you stop buying, tax revenue isnt collected and the DEFICIT GROWS larger! Geez, does anyone really have a clue? Peace. [/QUOTE]
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