Standard & Poor's made a tiny $2 trillion mistake when rating the US economy

[Kasz216]

NJ5 said:

kowenicki said:

Can the US decide its own fiscal policy? can it control its own money supply? can it decide its own interest rates?

Ireland can't, Portugal can't, Greece can't, Spain can't, Italy can't

Again, what is the basis to say the US government will borrow its way to prosperity as Akvod was defending?

It worked in WW2 when everything got destroyed in Europe so demand for American based products greatly rose since noone else was able to supply any of it?

Really though, the effects of that were even greater before we entered the war ourselves when we were just playing arms dealer to Europe.

Of course i'm being sarcastic though... it really does show the difference.

Government made demand is no replacement for real demand.  You can't create demand, WW2 only helped because it got rid of competing suppliers.

So clearly we should borrow money to send our jets to bomb some other economic powerhouses.