It starts getting hard to believe what the main-stream-media is saying, particularly when they omit one very important aspect on the S&P downgrade. This is the ability of congress to get it’s spending in order and cut the debt. Of particular concern was the growth in entitlement costs and inability for congress to reign in those costs. Entitlement costs are one of the things that the “Tea Party”ers were pointing out. This situation is one where neither approach of increasing taxes nor budget cuts will work alone.
That said, I am not giving the “Tea Party” a free pass. Too many extreme points of view seem to try to attach themselves as representative of the “Tea Party”. The “Tea Party” group needs to find out exactly what they want to have as their position and shed the extreme elements. This will help them to keep on target. Both the Republicans and Democrats want the “Tea Party” to be represented as far extreme because it keeps everyone distracted from the lack of representation that the existing mainstream parties have presented to the American citizenry.