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Mr Subhanil, you have some
Mr Subhanil, you have some pamphlet knowledge about recent events surrounding S&P downgrade and US debt-ceiling negitiation. There is no reasoning in your writing, only conclusions! Also, check some historical facts before writing, e.g. "in 1937, when Roosevelt was forced to cut back on government expenditure and the US and world economy again plunged into depression". In reality Roosevent pulled US out of recession through his public investment programs including other social programs which is known as New Deal.