Obama speech prompts S&P downgrade
The ratings agencies are hardly the last word on U.S. economic health. But the S&P outlook is a warning to the White House that financial markets have noticed that this President seems to have decided that his path to re-election lies in demonizing his opponents rather than seeing to the nation's fiscal well-being.
Some day the rest of the electorate may notice that the nation's fiscal well-being has NEVER mattered to this President. Or maybe they'll 'get used to it', and go down the drain.
Posted by: Anguper Hupomosing9418 2011-04-19 |