Is the PPP out to destroy the country?

[hanibal]

Re: Is the PPP out to destroy the country?

@nikhil25

that was a warning - it didn’t actually happen. he was saying if congress doesn’t agree to a debt ceiling increase, then he couldn’t guarantee that social security checks would be sent out. the measure was approved.

as for unemployment, it is cyclical…it has been much worse at many points in the past. even now the unemployment rate is much lower than in europe.

anyways, the point is that your characterization of the US as being “never so down” is false. perception of weakness and actual weakness can be very different things.

Buddy, if i perceive US as weak economy because its credit rating has been down graded and if the president of the country is saying that they may not be able to meet their obligations because they didn’t get the debt then i think that it can be easily said that this is worst time in the US financial history (post WWII)… i actually do not recall,when was the last time US economy was downgraded? any idea?