S&P upgrades US credit outlook to ‘stable’; government debt 84% of GDP

Monday, June 10th 2013 - 19:44 UTC

Full article 7 comments

Credit rating agency Standard & Poor's On Monday upgraded its credit outlook for the United States government to “stable” from “negative,” saying the chances of a downgrade of the country's rating is “less than one in three.” Read full article

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yankeeboy
It must be so hard for idiots like Toby when actual facts get in the way of his fantasy.

What will happen when we start EXPORTING our MASSIVE Gas and OIl?

Even at U$2/day China can no longer compete with our mfg in country due to the cheap cheap cheap fuel.
Jun 10th, 2013 - 08:36 pm - Link - Report abuse 0
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bushpilot
“China can no longer compete with our mfg in country”

I see tons of “Made in China” products on U.S. shelves. We all see this.

It seems you are saying very soon many of these will be replaced with, “Made in U.S.A.” products because they can no longer compete with U.S. mfg.

But somehow I don't see that happening anytime soon. Do you? Or have I misunderstood what you said?
Jun 11th, 2013 - 01:48 am - Link - Report abuse 0
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Ayayay
Actually, the U.S. is still #2 biggest manufacturer in the world. It's just pricey stuff like Boeing jets.

Yep, the North American oil supply is being foreseen as affecting oil prices in a downward way similar to the 10x rise in the last decade.
I like a no-car exhaust world so ill stick w Hawaii's solar & EV plan. :)
Jun 11th, 2013 - 06:15 am - Link - Report abuse 0
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TroLLey_to_Truth
Comment removed by the editor.
Jun 11th, 2013 - 06:27 am - Link - Report abuse 0
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yankeeboy
Bush, There is a lot of evidence mfg is moving back to the USA, if you use that as your search term you'll see lots of articles but here's one:

http://www.economist.com/news/special-report/21569570-growing-number-american-companies-are-moving-their-manufacturing-back-united

I am guessing from your statement you live in the USA. As you are aware the price of Nat gas is about 1/3 of what the rest of the world pays. That is a huge cost savings to large mfgs.
Jun 11th, 2013 - 10:58 am - Link - Report abuse 0
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Fido Dido
I suggest for the people who believe this story, keep drinking the kool-aid. “Happy days are back”...lol.
Jun 11th, 2013 - 05:42 pm - Link - Report abuse 0
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Anglotino
I suggest you learn to understand economics and parrot less.

Alas!
Jun 12th, 2013 - 05:43 am - Link - Report abuse 0
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Ayayay
Lol
Jun 12th, 2013 - 06:25 am - Link - Report abuse 0
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