USA Downgraded.

[SilverStone05]

Well, I didn't get a chance to read through everyones novel, but it's only going to get worst. We are never going to get out of this economic mess unless we do the following:

*Get out of other countries and get our military back home.
*Stop giving away our money to other countries
*Get Banks to help home owners that are under water to prevent further foreclosures.
*Govenment needs to get their a$$ together take care of business, not politics.
*Job creation.

Experts predict 2012 to be the worst year falling into another recession, and will not see a recovery until 2015 at the earliest. Stats show 1 in 4 homes are upside down in the US.

Until we solve these main issues, we will always be downgraded from here on out. Raising the debt ceiling is not the answer anymore. Need to start cutting back.

You should have read the other posts because you completely missed the boat here, buddy.

The only thing we need to do is reform entitlement programs.

-And-

Make sure that everyone pays something in taxes.

Everything else will sort itself out if we can do these 2 things.

Dont' believe me? Here are the facts:

Spending:

*cliff's notes - Nearly 60% of our total government spending is entitlement spending which includes social security, medicare/medicaid and welfare/unemployment. This needs to stop.

Revenues:

*cliff's notes - half of the country doesn't pay any federal income tax. Everyone should have some skin in the game no matter how small.

This is how simple it is.