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Yuritopiaposadism [none/use name]@hexbear.net to news@hexbear.netEnglish · 2年前

Moody's turns negative on US credit rating, draws Washington ire

www.reuters.com

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Moody's turns negative on US credit rating, draws Washington ire

www.reuters.com

Yuritopiaposadism [none/use name]@hexbear.net to news@hexbear.netEnglish · 2年前
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  • worldnews@lemmy.ml
  • news@lemmy.world
Moody's on Friday lowered its outlook on the U.S. credit rating to "negative" from "stable" citing large fiscal deficits and a decline in debt affordability, a move that drew immediate criticism from President Joe Biden's administration.
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  • FourteenEyes [he/him]@hexbear.net
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    2年前

    White House immediately springing into action with tactical whining

    • LaGG_3 [he/him, comrade/them]@hexbear.net
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      2年前

      smuglord Actually, if you ignore food, shelter, healthcare, childcare, and a few other unimportant things, the economy is fantastic!

      • EmmaGoldman [she/her, comrade/them]@hexbear.net
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        2年前

        The funny thing is, the capitalists at Moody’s and similar are downgrading the US’s credit rating based on the economy not being exploitative enough.

        “The economy is terrible! Food, shelter, healthcare, childcare, and everything else is way too cheap! You have to get rid of social security, SNAP, and Medicare!”

  • Findom_DeLuise [she/her, they/them]@hexbear.net
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    2年前
    amerikkka
  • Frogmanfromlake [none/use name]@hexbear.net
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    2年前

    “Neither party has seriously addressed the rising costs of the Social Security and Medicare programs that represent a significant slice of federal spending”

    • CrimsonSage [she/her]@hexbear.net
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      2年前

      Lol, international bourgeois doin what it do.

  • MrMaoMao [none/use name]@hexbear.net
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    2年前

    The IMF should intervene

  • footfaults [none/use name]@hexbear.net
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    8か月前

    deleted by creator

  • WoefKat@lemmy.ml
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    2年前

    deleted by creator

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