Moody's Cuts US Rating / Bond Market Collapsing

PITBOSS · May 29, 2025 at 5:45 PM

exiledgator said: ↑

Unfortunately, we've been browbeaten into screaming about over taxation since the Sons of Liberty cried about it to George III - even though the colonial taxes were a fraction of those across the pond.

Nobody likes paying taxes. I get it. I don't like it either. But this incessant screaming about our crazy tax rates, is, well, crazy. I'm not implying we shouldn't look at spending, but we simply have to stop thinking we can tax-cut our way out of this through some type of economic wizardry that's never actually happened.
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Agree. It’s hard to comprehend how we now readily accept our high fed deficit. Not even getting into state, local, and even personal debt.

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