[edwinland]

With Salon and other parrot blogs saying that Ryan "hit him [Obama] for a credit-rating downgrade that S&P essentially blamed on GOP intransigence," it is helpful to read what S&P actually wrote. S&P did not blame the downgrade on Republicans. It blamed it on having too high debt without the polticial agreement on either cutting spending or raising taxes.

Yes, raising taxes would be one way to bring down the debt, but NOT doubling the debt in the first place would have been an even more obvious place to start.

[b4its2late]

Revenue is there and will only improve when the economy is allowed to expand. It’s the govt expenses that have to be cut in order to have a real effect on the country.

[Son House]

Watching Bar Rescue, John Tapper explains “Businesses have to be profitable, profits comes from managing cost”

One cost for Business to manage would be higher taxes. How could the economy to grow if taxes are raised on businesses to pay for increasing government spending?

[GOPJ]

Thanks Obama - you and your ideas are turning the country into Detroit. And for that lame brain Chris Matthews, I’m talking about destruction and loss of jobs - NOT color.