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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: Neil H who wrote (99140)	8/7/2011 2:54:05 PM
From: tejek	Respond to of 149317

Thanks Ted - You have made my point for me with your 1st 2 sentences. 1.Debt is acceptable at 62% or less 2. We are currently at 74% and heading higher Thus debt is an issue now. Should we wait until it is like some of the Euro countries whose futures are being somewhat dictated to them by other countries that hold their debt? Your argument that we are ok because we are not as bad off as Greece, Ireland, Italy etc is pretty poor logic. Not once did I say that US debt levels were acceptable. Not once in the last ten years. In reality you are setting up a strawman to avoid the real issue which is that you do not want a balanced approach to solving the debt problem in this country.........no matter how much you claim otherwise. So Ted on this issue I am not wrong. You are not being honest, Neil. I will not post with you any further until you get honest.

To: Neil H who wrote (99140)	8/7/2011 5:12:02 PM
From: tejek	Read Replies (1) \| Respond to of 149317

That is one species of political failure, here is another: S&P made its downgrade not so much because of Washington's fiscal position but because "the effectiveness, stability, and predictability of American policymaking and political institutions have weakened at a time of ongoing fiscal and economic challenges". This follows on from the debt-ceiling talks, when Ms Bachmann and her fellow Republicans talked about a possible government default as if it were no more troubling than a trip to the spa. In short, this is the Tea Party's downgrade. guardian.co.uk