OMG! The Bond Vigilantes!

They’re just scapegoats. Here’s the real cause of our growing national debt.

Friends,

Last Friday, the credit rating of the United States was downgraded. Moody’s, the ratings firm, announced that the U.S. government’s rising debt levels will grow further if the Trump Republican package of new tax cuts is enacted. This makes lending to the United States riskier.

(Moody’s is the third of three major credit-rating agencies to downgr…