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Dumb Trump supporters raise mortgage rates, reduce money for Social Security and Medicare, and Make America A Laughing Stock.
Who would have thought that people so vehemently against a functioning government would ultimately give the world the impression that America does not have a functioning government
As an outsider, there are soo many other indicators. All linked to R politics.
And this is true. Feels like USA politics are an even bigger joke than Italian's
Hey! I resemble that comment!
Be fair OP. America became a laughing stock the moment Trump was elected.
So, the 'pro-economy' GOP has done more damage to our economy. Basically.
^ TL; DR
You also left out “again”.
Important to remember, in many cases it was a goal, not a side effect. When someone lived out their life and they're kinda miserable and unfulfilled, they might justifiably hate our world, in a sense. There's really only one way to take revenge on it, and that's to perpetuate and worsen the shittiness so that nobody can hope to escape it.
Misery loves company, or so the saying goes.
Says a lot about the people that absolutely don't want for student debt to be cleared in the USA because they had to clear it themself.
The worst part is that the student debt they paid off was a small portion of the debt that people cannot afford to pay off now because the same people defunded universities.
When I was a young kid a summer job at minimum wage could pay for a year of state college. By the time I attended a summer job paid for a semester. Now a summer job at the minimum wage will barely pay for books, since the minimum wage has stagnated and tuition goes up year after year.
I would be surprised if the people most aggressively against student loan forgiveness had any personal difficulty with student loans themselves at all. The politicians beating the drum were likely wealthy enough for tuition to be an afterthought, and their constituents do not value education enough to have needed the loans in the first place.
If you're in the second camp you're probably also bitter that these educated liberal elite, that think their so fancy and embarrass you with their big city talk, want now to get their education, which they lord over you, FOR FREE! You're probably angry that these young people with their hip culture you don't understand or have time for, because you're waking up predawn to drive 45 minutes to your manual labor job which is wrecking your body, "don't have to work like you do." In short, you're probably not very big picture oriented, your self esteem is probably pretty fragile, and you're probably not the strongest abstract thinker. You're likely angry to the point of antisocial, and relish any opportunity to leverage your will.
Hurt people hurt people. Also, dumb people hurt people.
These are the same people who would cut their noses off to spite their own face, so not surprising.
Can we make it a habit to post source links? I don't want to surf completely on vibes.
Thanks Republicans! That will really help that economy you claim to care so much about.
We deeply need educational reform. Perhaps even a fairness doctrine for social media. It's just a problem we can't keep ignoring. And homeschooling needs a better set of standards so you don't have Qanon mom #5000 teaching her kids the earth is flat.
Holy fucking shit does homeschooling need better standards.
My mom wouldn't send me to school because she was afraid I'd get "indoctrinated by all the liberal propaganda in the Alabama public school system".
Needless to say, I'm mostly self-educated.
The U.S. is reaping destructive misery by failing to progressively raise education levels back when it had the opportunity during the last 60 years
What's really interesting is that the [manufactured] debt ceiling crisis in 2011 caused the credit rating agency S&P to downgrade US debt then as well...BUT, instead of causing US debt to be more expensive, investors wound up selling equities and buying MORE debt, causing interest rates to go down even more, and bond prices to increase!
Bill Gross, founder and manager at the time of PIMCO's fixed income/debt fund, the biggest in the world, wagered HEAVILY that the debt downgrade would cause interest rates to go UP, and bond prices and to go down, as they should, according to every economics textbook ever. He lost billions as a result and I think that's about when Pimco fired him even though he was the founder.
Interestingly, this downgrade seems to be largely ignored by both debt and equity markets. Markets appear to be pricing this in as "business as usual" which is sorta interesting in itself. Smart money seems to think everything is fine. I usually go with the smart money on these things, so I'm not too upset about Fitch's downgrade. (Just to be clear though, the R party can go fuck themselves.)
They'll never accept responsibility.
And they'll blame biden for it.
S&P lowered their rating to AA+ back in 2011, honestly I'm surprised it took so long for another rating agency to drop theirs down. Wouldn't be surprised if Moodys drops theirs as a result.
Fitch downgraded the U.S. credit rating due to fiscal concerns, a deterioration in U.S governance, as well as political polarization reflected partly by the Jan. 6 insurrection, Richard Francis, a senior director at Fitch Ratings, told Reuters on Wednesday.
For the United States to have its rating upgraded there would need to be a combination of factors, such as a stabilization of debt to GDP, and possibly a permanent suspension of the debt ceiling, said Francis.
Not surprised as this has been accomplished by not approving government budgets as well causing all Americans costs for financial services to raise.
Trump making this country great again /s