Obama's statement today about our the nation's downgraded S&P credit rating really bugs me. "Markets will rise and fall, but this is the United States of America," Obama said. "No matter what some agency may say, we've always been and always will be a triple-A country." The reason we are in this mess is because of Tea-Party politicians who repeatedly denied reality and said that there would be no consequences as a result of a failure to raise the debt limit or even to play around with the idea.
Most of them seemed blissfully oblivious to any urgency. Now, I expect Tea-Partiers to deny facts. These are the same people who deny evolution and applaud Bachman when she says that the Founding Fathers were against slavery. But to have President Obama come out on the day that Dow dropped over 600 pts and state essentially the same thing-- that our country was triple-A regardless of what any agency said is horrible. Mr. President, the drop in the Dow proves these things matter! He should have actually gone out there and said essentially, "I told you so", instead he went down the dangerous road of downplaying the reality of the situation.
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