America’s debt downgrade is a damning indictment of President Obama’s Big Government disaster
http://www.freerepublic.com/focus/f-news/2759718/posts
“The decision by credit agency Standard and Poor’s to downgrade America’s AAA credit rating for the first time in 70 years is a massive blow to the credibility of the Obama administration, and a damning indictment of its handling of the economy. No doubt the White House will pathetically try to blame the Bush Administration, Republicans in Congress, and of course its favourite target, the Tea Party, for the move by S&P.
But without a shadow of a doubt, responsibility for the country’s financial mess and staggering levels of debt lie with the current US president and his administration. They have been in charge of running the economy for over 30 months, during which time the United States has witnessed an unprecedented increase in government spending and borrowing.”
It is a damning indictment of our leadership up in Washington...period.
Democrats as well as republicans. Took two to tango.
GWB before O-bozo, spent more than any previous president in history.
We need a big ol reset in Washington.
“The decision by credit agency Standard and Poor’s to downgrade America’s AAA credit rating for the first time in 70 years is a massive blow to the credibility of the Obama administration, and a damning indictment of its handling of the economy.”
Wishful thinking. Wait and see,,,he will be re-elected by a landslide.