I Hope He Can Find a Way to Answer This One.Posted: August 6, 2011
The most depressing thing about S&P’s downgrading the credit rating of the United States is this: the absolute certainty that the Republican candidate for president in 2012, whoever he or she is, will be saying these words…
“Can you vote to re-elect the man who presided over the first credit rating downgrade in our nation’s history?”
The unfairness of that charge won’t do anything to mitigate its devastating effectiveness.
If I didn’t know better, I’d think that someone at Standard & Poor’s is inserting himself into the political process and doesn’t want Obama to have another term.