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Personal Finance Topics / Macroeconomic Trends and Risks
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Author: flightdoc 101   😊 😞
Number: of 1018 
Subject: Re: Moody cuts US T Bond credit rating
Date: 05/18/2025 10:14 AM
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No. of Recommendations: 6
Cutting spending will never cut the US debt or deficit. If deficit hawks were at all serious in reigning in the ballooning debt, there would be concerted and considered cuts in spending along with deliberate tax increases. And they certainly would not increase defense spending to a trillion $ annually that is unasked for by the pentagon.

fd
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