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<p>[QUOTE=&quot;statequarterguy, post: 1239163, member: 21782&quot;]It&#039;s more a statement about the dysfunction in DC.&nbsp; The other two did not downgrade, as it&#039;s clear the US has the ability to and will always pay it&#039;s obligations.&nbsp; After the dust settles, I see very little consequence, if any.</p><p><br /></p><p>Let&#039;s not forget, S&amp;P also threw higher taxes into the equation. Any credible economist will tell you we should not lower spending in a recession and taxes on upper incomes should have never been lowered to the record lows they are at now.&nbsp; Lower taxes, as has born out do not create significantly more jobs (at least not in America).[/QUOTE]</p><p><br /></p>

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