Showing posts with label downgrade. Show all posts
Showing posts with label downgrade. Show all posts
Tuesday, August 9, 2011
Monday, August 8, 2011
Democrats seek to pin downgrade on 'tea party'
Sometimes it's just partisan politics to blame the other party, but in this case it's also true. The LA Times has the 411.
David Axelrod, a top campaign advisor to President Obama, led the charge over the weekend, calling S&P’s action “essentially a tea party downgrade.”
“The tea party brought us to the brink of default,” Axelrod said. “It was the right thing to do to avoid that default. It was the wrong thing to do to push the country to that point."
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