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To: TennTuxedo

What caused the United States to lose its AAA rating for the first time in 94 years, a rating that withstood two world wars, the Great Depression and (most of) the Great Recession, and a costly military buildup that bankrupted and demolished our Cold War foe, the Soviet Union, without a direct shot fired?


All of the above plus a couple of wars currently, a few Wall Street bailouts and a job as world policeman are still ringing up the debt clock.


10 posted on 08/07/2011 1:55:21 PM PDT by ex-snook ("Above all things, truth beareth away the victory")
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To: ex-snook
Federal Deficit as % of GDP when Bush left office, 69%.

Federal Deficit as % of GDP this year under 0. 97%

Sorry but this habitual regurgitation of the "Bush's fault" Democrat party talking point is completely at odds with the facts.

11 posted on 08/07/2011 2:19:03 PM PDT by MNJohnnie (Giving politicians more tax money is like giving addicts free drugs to cure their addiction)
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