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S&P Cuts US Credit Rating to AA+
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 864546" data-attributes="member: 12570"><p><strong>Fiscal conservatism</strong> is a political term used to describe a <a href="http://en.wikipedia.org/wiki/Fiscal_policy" target="_blank"><span style="color: #0645ad">fiscal policy</span></a> that advocates avoiding <a href="http://en.wikipedia.org/wiki/Deficit_spending" target="_blank"><span style="color: #0645ad">deficit spending</span></a>. Fiscal conservatives often consider reduction of overall <a href="http://en.wikipedia.org/wiki/Government_spending" target="_blank"><span style="color: #0645ad">government spending</span></a> and <a href="http://en.wikipedia.org/wiki/National_debt" target="_blank"><span style="color: #0645ad">national debt</span></a> as well as ensuring <a href="http://en.wikipedia.org/wiki/Balanced_budget" target="_blank"><span style="color: #0645ad">balanced budget</span></a> of paramount importance. <a href="http://en.wikipedia.org/wiki/Free_trade" target="_blank"><span style="color: #0645ad">Free trade</span></a>, <a href="http://en.wikipedia.org/wiki/Deregulation" target="_blank"><span style="color: #0645ad">deregulation</span></a> of the economy, <a href="http://en.wikipedia.org/wiki/Tax_cut" target="_blank"><span style="color: #0645ad">lower taxes</span></a>, and other conservative policies are also often but not necessarily affiliated with fiscal conservatism.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 864546, member: 12570"] [B]Fiscal conservatism[/B] is a political term used to describe a [URL="http://en.wikipedia.org/wiki/Fiscal_policy"][COLOR=#0645ad]fiscal policy[/COLOR][/URL] that advocates avoiding [URL="http://en.wikipedia.org/wiki/Deficit_spending"][COLOR=#0645ad]deficit spending[/COLOR][/URL]. Fiscal conservatives often consider reduction of overall [URL="http://en.wikipedia.org/wiki/Government_spending"][COLOR=#0645ad]government spending[/COLOR][/URL] and [URL="http://en.wikipedia.org/wiki/National_debt"][COLOR=#0645ad]national debt[/COLOR][/URL] as well as ensuring [URL="http://en.wikipedia.org/wiki/Balanced_budget"][COLOR=#0645ad]balanced budget[/COLOR][/URL] of paramount importance. [URL="http://en.wikipedia.org/wiki/Free_trade"][COLOR=#0645ad]Free trade[/COLOR][/URL], [URL="http://en.wikipedia.org/wiki/Deregulation"][COLOR=#0645ad]deregulation[/COLOR][/URL] of the economy, [URL="http://en.wikipedia.org/wiki/Tax_cut"][COLOR=#0645ad]lower taxes[/COLOR][/URL], and other conservative policies are also often but not necessarily affiliated with fiscal conservatism. [/QUOTE]
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