"And by raising the debt ceiling that would have been avoided."
Yes, Ross...you're absolutely right...
and we never
would have gotten back to the same point where we'd spent all the money again and had to raise the debt ceiling yet again
because we can't even pay the interest on the debt we have now
and we're not getting close to have a debt equal to 100% of our GDP and
...oh...wait...now that I think about, raising the debt ceiling over and over with no cuts in spending is EXACTLY
what S&P cited for the cut!
You didn't even read your own article, did you Ross? S&P wanted cuts, not more runaway spending. Greece, Italy, and Spain all raised their debt limits, Ross...and got their credit ratings cut. Why? UNSUPPORTABLE
levels of debt...just like we're on our way to here.
You really need to get your head out of the sand, Ross (sand being the nicest place I could think of where you must have your head buried).