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**standaman** · 10-08-2011, 05:46 PM

I think their judgement was political, not economic. They ran some numbers to justify their Tea Party Downgrade, so when the mistake was called to their attention, they just omitted that part and went ahead with the downgrade anyway.
It makes them look awfully foolish, as it should.

Now that statement of a T-Party Downgrade, I would suggest is as wrong as it gets. The simple fact of the downgrade is because of our national debt. No debt no downgrade. Simple to understand

It's a nice try to throw blame, but the fact remains it's the debt that brought the downgrade. The American people are not buying the blame game you suggest is the T-Party Downgrade when they see our national debt rising higher and faster than ever before in US History.

10-08-2011, 05:46 PM	#25
standaman Join Date Oct 2005 Posts 870 Senior Member	I think their judgement was political, not economic. They ran some numbers to justify their Tea Party Downgrade, so when the mistake was called to their attention, they just omitted that part and went ahead with the downgrade anyway. It makes them look awfully foolish, as it should. Now that statement of a T-Party Downgrade, I would suggest is as wrong as it gets. The simple fact of the downgrade is because of our national debt. No debt no downgrade. Simple to understand It's a nice try to throw blame, but the fact remains it's the debt that brought the downgrade. The American people are not buying the blame game you suggest is the T-Party Downgrade when they see our national debt rising higher and faster than ever before in US History.
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