Standard and Poor's downgrades US to AA+

[Antitrust32]

Originally Posted by Riot

Yes, I can. Who blocked the routine raise of the deficit ceiling, threatening the default of the USA for the first time in history? Who said the full faith and credit of the United States to pay it's bills didn't matter? That nothing would happen? It wasn't the Democrats as a party. Who refused deal with our debt by the necessary and essential revenue increases? Not the Dems.
Which party has successfully screwed the US economy just to try and screw Obama politically? It's the Republicans, who can't control their Tea Party faction.

ABC News:

the main reason is that we did not cut enough spending and/or increase taxes (or as the dems called it, revenue increase). Both parties failed no matter what you believe. Tea party failed because they wont eliminate loopholes. Obama failed because he did not cut enough or deal with real issues, plus he signed the damn thing and is as weak as anyone i've ever witnessed.