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Don’t cut social spending

1 min read
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The next time you hear anybody use the recent downgrade of the United States credit rating with Standard & Poor as an excuse to cut social spending, you can call them a liar.

David Beers, who is the current head of sovereign credit ratings for S&P, has personally confirmed to me that it would be possible for the United States to actually increase it’s social spending and get back it’s AAA rating.

Stanley Hetz

Smithfield

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