The political discourse in American politics never ceases to amaze me and if B.S. could be converted to dollars the country wouldn’t have a National Debt. Does anyone wonder why Washington is an island of wasteland where an honest word was never spoken.
So now the left is out in full force demonizing the Tea Party for S&P’s downgrading the country’s credit rating.
If anything the Tea Party were trying to stop the very thing that happened, if anything the Tea Party stands for is “STOP RECKLESS IRRESPOPNSIBLE SPENDING.!” And if Washington had listened to the Tea Party “Downgrade Nation” wouldn’t haven’t been downgraded.
On July 14, S&P issued a report spelling out—in plainest English—what it would take to secure our credit-rating: “If Congress and the Administration reach an agreement of about $4 trillion [in cuts], and if we … conclude that such an agreement would be enacted and maintained throughout the decade, we could, other things unchanged, affirm the ‘AAA’ long-term rating and A-1+ short-term ratings on the U.S.” – from Commentary Magazine
Did Washington listen? Hell no, but now it’s the Tea Party’s fault.
If there is any bright side to S & P’s downgrade the American Public may began to understand the magnitude of the fiscal problem we face.