3 ms·
> Am I reading the insinuations properly, that people are blaming Republicans for the rating change because they dare to question printing unlimited money, and
by throw0101a 3y ago
> Am I reading the insinuations properly, that people are blaming Republicans for the rating change because they dare to question printing unlimited money, and belive if Republicans were more "responsible" and just allowed money to be printed unchecked there would be no problem?
If the GOP has an issue with "printing unlimited money", perhaps they should have cut spending when they had full control of Congress and the White House, rather than implementing cut taxes and boost spending:
* https://en.wikipedia.org/wiki/Tax_Cuts_and_Jobs_Act https://en.wikipedia.org/wiki/Tax_Cuts_and_Jobs_Act
The GOP only has an issue with "printing unlimited money" when there is a Democrat in the White House.
The Republicans were also quite adamant on spending control during the Clinton (Democrat) years:
* https://en.wikipedia.org/wiki/1995–1996_United_States_federal_government_shutdowns https://en.wikipedia.org/wiki/1995–1996_United_States_federa...
But much less so under the Bush (Republican) years:
* https://en.wikipedia.org/wiki/Bush_tax_cuts https://en.wikipedia.org/wiki/Bush_tax_cuts
Reminder: it was under a Democratic president (Clinton) that the US had a budget surplus:
* https://www.brookings.edu/articles/a-surplus-if-we-can-keep-it-how-the-federal-budget-surplus-happened/ https://www.brookings.edu/articles/a-surplus-if-we-can-keep-...
* https://en.wikipedia.org/wiki/Economic_policy_of_the_Bill_Clinton_administration#Deficits_and_debt https://en.wikipedia.org/wiki/Economic_policy_of_the_Bill_Cl...
And it was lost under a Republican president.
So yes: it is one particular party that is more of the issue.