BF2S Forums 2012 U.S. election presidential, Mitt Romney vs Barack Obama

Jay wrote:

AussieReaper wrote:

The obstructionism was the reason the US credit rating was downgraded.

I don't know how anyone could think it doesn't exist or has been that way before.

When Standard & Poor’s lowered the nation’s credit rating, it was in large part because of the standoff last year over the debt ceiling —which needed to be raised so the government could borrow money to pay for spending that Congress had already approved. The White House had asked Congress to simply raise the debt ceiling; Mr. Ryan and House Republicans balked at doing so without reaching a deal on significant spending cuts. The ensuing standoff took the nation to the brink of default.

In its statement explaining the downgrade, Standard & Poor’s wrote that “the political brinkmanship of recent months highlights what we see as America’s governance and policy making becoming less stable, less effective and less predictable than what we previously believed. The statutory debt ceiling and the threat of default have become political bargaining chips in the debate over fiscal policy.”

Mutantbear wrote:

can you do anything more than pander on that issue

Jay wrote:

And now he's failing miserably on immigration. Obama doesn't have a leg to stand on for rebuttal though

AussieReaper wrote:

Jay wrote:

AussieReaper wrote:

The obstructionism was the reason the US credit rating was downgraded.

I don't know how anyone could think it doesn't exist or has been that way before.

Great rebuttal that one.

When Standard & Poor’s lowered the nation’s credit rating, it was in large part because of the standoff last year over the debt ceiling —which needed to be raised so the government could borrow money to pay for spending that Congress had already approved. The White House had asked Congress to simply raise the debt ceiling; Mr. Ryan and House Republicans balked at doing so without reaching a deal on significant spending cuts. The ensuing standoff took the nation to the brink of default.

In its statement explaining the downgrade, Standard & Poor’s wrote that “the political brinkmanship of recent months highlights what we see as America’s governance and policy making becoming less stable, less effective and less predictable than what we previously believed. The statutory debt ceiling and the threat of default have become political bargaining chips in the debate over fiscal policy.”

Luckily those fiscal conservatives have Americas best interests at heart though, right?

S&P wrote:

Republicans and Democrats have only been able to agree to relatively modest savings on discretionary spending while delegating to the Select Committee decisions on more comprehensive measures. It appears that for now, new revenues have dropped down on the menu of policy options. In addition, the plan envisions only minor policy changes on Medicare and little change in other entitlements, the containment of which we and most other independent observers regard as key to long-term fiscal sustainability.

Last edited by Hurricane2k9 (2012-10-16 19:36:17)