Moody’s: US may lose triple-A credit rating
By Eliot Che Saturday, January 12th, 2008 (Posted in Notes & Asides)… rating due to the nation’s rising healthcare and social security spending. The change would be the first since 1917.
Of course, FT goes on to contend that the triple-A rating doesn’t mean much these days. Nonetheless, I think the credit rating threat due to increased social spending indicates that something is amiss, to put it lightly, in the world economic system. And there have long …
Comment by Matthew Lymburner: … rating agencies are engaged in. You …
Tags: credit, economy, social spending, United States, welfare



