[quote=briansd1][quote=jstoesz]I resent the title of this post. It is beyond stupid to lay the blame of the downgrade on the tea party. Now you could easily call it the repub/dem downgrade.[/quote]
You have to look at this S&P downgrade in the context of their rating criteria.
Why is S&P rating us lower now than in the past? The big difference is the Tea Party.
France, Germany, the UK and a host of other countries have AAA ratings. They don’t have Tea Parties. Well, the Brits hold nice tea parties, but they always did.[/quote]
Do you really believe that brian, seriously? For 4+ years we have been racking up HUGE deficits. In the last six months the tea party gets a very limited amount of power in congress and with the repubs, there is finally some debate about the wisdom of these deficits. Cuts (reductions in increases) are agreed upon because of the tea party shifting the debate, and therefore, the downgrade is the fault of the tea party? The Tea Party is the first bloc to make a stride in this fashion in the last 10 years, and the downgrade is their fault?
