Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: MissyMa
Statement from S&P parsels blame evenly between Dems & Rs, entitlements and taxes.

Then S&P is doing a favor for the Dems, because tax revenue as a percentage of GDP has remained pretty constant while spending has exploded. That means taxes aren't the problem, spending is. If S&P is being "evenhanded", then it is being biased.

72 posted on 08/05/2011 6:13:49 PM PDT by Yardstick
[ Post Reply | Private Reply | To 41 | View Replies ]


To: Yardstick
Thanks for that info while it makes me feel better, it is still going to tick me off to see how they spin it. 2012 can't come soon enough for me.
101 posted on 08/05/2011 6:27:44 PM PDT by MissyMa
[ Post Reply | Private Reply | To 72 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson