no military cuts or tax hikes in debt deal

  1. 2,047 Posts.
    and no cuts to social security etc.
    im hearing these things on cnbc, dow news etc.
    no military spending cuts stands out to me. one guy wouldnt budge if they cut military spending, so they didnt to get his vote.
    america truly is a nation in denial. this deficit deal thing today could well lead to a s&p downgrade in coming weeks or even days. no tax hikes on rich or anyone else, old billionares can still get social security, they wont touch social security apparantly either.
    overall this debt deal sounds like a joke just to get it to pass. in 6 months they will have a committee to decide and vote upon the real cutbacks etc.
    this rally may only last a day or 2. i think markets expect a bad jobs number on friday too.
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