Friday, August 5, 2011

Downgrade of the U.S. Credit Rating: The Tea Party is at Fault

For those conservatives who are trying to divert the blame for the recent downgrade of the United States credit rating by Standard & Poor, I would just like to point out that Germany and France have higher debt to GDP ratios than the U.S., and they still have AAA credit status. The reason the U.S. credit rating has been downgraded is exclusively because of Tea Party Republican shenanigans in Congress.

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