The Obama Speech Downgrade

S&P’s ‘negative’ outlook on the President’s budget strategy.

Why did Standard & Poor’s drop its “negative” long-term outlook bomb on America’s AAA credit rating yesterday? S&P revealed no numbers not previously known to a “shocked” stock market, which dropped 140 points. So what’s new?  Read more in this morning’s  Wall Street Journal editorial.

Here’s what the GOP had to say:

About Alan Berkelhammer

Opinions are my own and are not necessarily those of any organization or group.
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