MAGA economy For the first time in modern US history, Moody’s has downgraded the United States...

This follows the downgrade from the other major credit agencies which occurred in 2011 and 2023 respectively.

Historically, the U.S. maintained a perfect credit rating from all three agencies for decades, reflecting the country's economic strength and political stability. That changed in 2011 when S&P downgraded the U.S. from AAA to AA+ following a contentious debt ceiling standoff. Fitch followed suit in 2023, citing fiscal deterioration and repeated political brinkmanship. Moody's had been the last to maintain a stable AAA rating.

These were during Democrat administrations. I'm sure you totally cared when that happened during the Obama and Biden administrations. Can you point to the posts where you called this out and sounded the alarm?

ChipmunkErnie · 70-79, M

Will the winning never end?

Mudkip · 31-35, M

Cry about it

SatanBurger · 36-40, F

It's only going to get worse too, I have no idea about any credit ratings but by the time we're done, I wouldn't be surprised if America hits developing world status and C credit rating if there's such a thing

luckranger71 · 51-55, M

77 million salt of the earth folk from backwoods crossroads can't possibly be wrong, can they?

CedricH · 22-25, M

Republicans in the age of Trump are on a path toward failing to address the country’s fiscal problems because they are not being honest with themselves about what meaningful fiscal reform would need to involve, what budget policy they are in fact pursuing now, and just how little those two have to do with each other.

Ignoring the fiscal challenges our government faces is bad enough. But today’s GOP is pretending to address them while actually making them worse.

https://www.aei.org/op-eds/the-republicans-debt-delusion/

Tastyfrzz · 61-69, M

We're number....two. We're number two....

Kwek00 · 41-45, M

... but you are free of morals and reason.
You can believe what you want to believe.
You can scapegoat and be as sadistic as you want.
And enjoy the spectacle.
Bread and games delivered by a narcissistic tyrant.

[media=https://youtu.be/NV9ibZwutFI]

... at least the Germans did this part, behind closed doors.
But the resistance after the 2nd world, made a huge spectacle of the sadistic retaliations, ... a lof them weren't even justifed.
Just too please the crowd and sacrifice the scapegoats for the sins of the entire community.

[media=https://youtu.be/xQGcQif39zU]

Franco did it too when he was a leader in the army, and his men loved him for it.

AlanAPartridge · M

Tariff terrorism? Sounds like a Bond villain with a clipboard and a nasty spreadsheet! It's like economic waterboarding, but with Excel and passive-aggressive trade reps!

Tariff terrorism- where the only thing exploding is the cost of a decent French brie!

FloorGenAdm · 51-55, M

Is it real or just a political main-stream media smoke screen?

DearAmbellina2113 · 41-45, F

And still the MAGA crowd think he's Jesus reincarnate. 🙄

swirlie · 31-35

S&P Global and Fitch Ratings had downgraded the USA's credit rating well below triple-A status years ago, simply because the writing was on the wall as far back as 2008, but the USA was doing nothing about repaying it's outstanding National Debt load while choosing instead to increase it.

Moody's was the very last credit ratings organization to finally admit the truth about the US economy, which simply means that Moody's decision to downgrade the US yesterday has been presented to us about 17 years late.

Patriot96 · 56-60, C

Who operates, manipulates Moodys

JSul3 · 70-79

Do not fret. Soon the $ will be extinct and Trump Crypto will become the world currency. /s

plankter979 · 51-55, M

The billionaires and Saudi royals will be ok though.

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Roundandroundwego · 61-69

Americans refuse to understand what their inefficient and punishing economy is for. So you continue! You hate socialism and have no third party, so, sacrifice those lives! Lolz.

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