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What utter crap. Obama and Boehner almost had a bipartisan deal that would have cut spending and raised revenue and which both could have worked to implement. The Tea Party rejected it, and we got the Frankenstein compromise. The blame sits squarely on their shoulders. They insisted on pushing a very unpopular minority view forward that noone else could support,and many still think the default would have been fine. Obama, Boehner, McConnell, nor Reid did not want that, but the Tea Party had to have their day in the sun and go for the nuclear option.
Folks around the world now see them for the crazed ideologues that they are, inept stewards of the largest economy on earth. Obama was damaged by this, but he did everything reasonable he could to avoid it.
I am getting less and less impressed with Forbes magazine. It seems very biased. I will read up in the Economist to get a different view.
No matter how much the left repeats this canard, it will not make it true. They simply can't point to anything, in writing, to support this non sense. There is plenty of evidence that Obama agreed to one thing, was rebuffed by Pelosi and Reid and need to walk it back the next day. Which prompted Boehner to break off negotiations.
S&P mentioned specifically not allowing for revenue increases, and fighting over raising the debt ceiling as two of the major factors in their decision.
Everyone with two functioning brain cells knows that some Republicans and TEA party members specifically wanted to default, and took revenue increases off the table.
I blame the President and his party for not acting sooner, like in November of last year, but the current blame, within the last two months, is squarely on the Republican house.
LOL, S&P specifically mentioned the lack of cut to entitlement for its downgrade. The Tea Party warned of this yet the loony left wouldn't hear it. They wanted a downgrade.
LOL, S&P specifically mentioned the lack of cut to entitlement for its downgrade. The Tea Party warned of this yet the loony left wouldn't hear it. They wanted a downgrade.
Yes, entitlements, revenue increases, partisan bickering, and lack of a long term deficit plan.
Again, I'm telling the whole list of reasons, you keep focusing on one. How about we try everything?
Oh please, with massive cuts that weren't real, a balanced budget that was ridiculous that can't pass.
No, what S&P was saying is that a clean debt ceiling increase should have passed, no political posturing on it should have happened, and it was insane to use it as a political foot ball.
Remember, one TEA party congressman supported lowering the debt ceiling, and others said we should default.
That was what was said, and that is what caused our credit rating to downgrade.
You must stop with this lie. I have called you on it before. What you are saying is simply untrue. S&P never sad this, they specifically said reducing entitlement spending is required. Simply increasing the amount of money we spend does zero to address entitlements.
You must stop with this lie. I have called you on it before. What you are saying is simply untrue. S&P never sad this, they specifically said reducing entitlement spending is required. Simply increasing the amount of money we spend does zero to address entitlements.
They said that the bickering over raising the debt ceiling was a cause.
Bickering means it shouldn't be any bickering, just raise it.
The next sentence says cut the deficit. But the two are separate issues, not together.
They said that the bickering over raising the debt ceiling was a cause.
Bickering means it shouldn't be any bickering, just raise it.
The next sentence says cut the deficit. But the two are separate issues, not together.
STOP, how can you possibly carry on with this. Are you that dense? Debt is the only thing DEBT RATINGS AGENCIES care about (this is not the congeniality portion of the rating). The reason they mentioned the political dysfunction, is because the debt reduction put forth is insufficient, and they are not hopeful about meaningful debt reduction.
STOP, how can you possibly carry on with this. Are you that dense? Debt is the only thing DEBT RATINGS AGENCIES care about (this is not the congeniality portion of the rating). The reason they mentioned the political dysfunction, is because the debt reduction put forth is insufficient, and they are not hopeful about meaningful debt reduction.
Amazing that same poster continues to claim the bickering was the cause, when everyone and their mother knows it's the debt and the failure to address the issue by the politicians.
Can any obama supporter list his successes?
You know, like something he'd run on....like his stimulus.....XX....nix that.
Amazing that same poster continues to claim the bickering was the cause, when everyone and their mother knows it's the debt and the failure to address the issue by the politicians.
Can any obama supporter list his successes?
You know, like something he'd run on....like his stimulus.....XX....nix that.
Or maybe obamacare.....XXX...nix that.
Or maybe the auto takeovers....XXX...nix that.
How about financial reform?
These are actually all positives and he will get my vote
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). The reason they mentioned the political dysfunction, is because the debt reduction put forth is insufficient, and they are not hopeful about meaningful debt reduction.
