Moody's downgrade U.S. rating.

[TimHauck 2,634]

8 hours ago, 5-Points said:

 

Obama created hard times.

Lolololol

[Alias Detective 1,390]

11 hours ago, Ron_Artest said:

They were the last one.  Fitch downgraded US in 2023 and s&p in 2011.

 

11 hours ago, The Real timschochet said:

It’s not a long term problem. Once Trump is replaced with a Democrat in 2028 it will go right back up. 
We’re in for a rough 4 years though…

Idiot

[Strike 5,276]

6 hours ago, easilyscan said:

I agree we have a spending problem, but the more cars, the sooner the roads need to be repaired. When I suggested they automatically raise it a nickel per gallon every 5 years, I'd only agree to that if there was an ironclad guarantee that it was going to be spent on infrastructure and nothing else.

Thanks to the troubadour for pointing out that the 18.6 cents is per gallon. 

The feds maintain the federal road system.  State taxes, in many states, have increased over the years, often with the money being diverted from roads to other things.  Where I live all the additions to the highway system have been public private partnerships with toll lanes.  I hate toll lanes.  So when you tell me we should raise gas taxes I say it's just giving the government more money to spend wastefully.

[easilyscan 877]

7 hours ago, Strike said:

So when you tell me we should raise gas taxes I say it's just giving the government more money to spend wastefully.

Quote

When I suggested they automatically raise it a nickel per gallon every 5 years, I'd only agree to that if there was an ironclad guarantee that it was going to be spent on infrastructure and nothing else.