US Credit Rating Downgraded To AA+

[Schneed10]

Originally Posted by GMScud

Probably the fact that in your eyes (mine too, btw) Obama is done. He's saden's golden boy, for some odd reason.

Funny thing is I've generally liked just about everything Obama has done so far in his first term. He's recognized the need to move toward the center - because liberal politics don't work in economically tough times. He has shown himself to be flexible and reasonable.

But our country will not see it that way. Our populace is not bright enough to see beyond the fact that he is the man presiding over our first downgrade.

I'd wait to see who the GOP nominates to run against him before I placed any bets. But this definitely hits Obama and boosts the Tea Party's appeal. What happens when you don't control spending? Your credit gets downgraded. Pretty easy message for the Tea Party to sell, love 'em or hate 'em.