Why S&P’s Downgrade is No Joke: "The real impact of S&P’s downgrade is political, not economic.
It’s tempting to dismiss Standard & Poor’s downgrade of U.S. long-term Treasury bonds as no big deal in the real world. It’s also tempting to describe it as a broad criticism of the whole political system, a pox-on-both-your-houses curse at the intransigence of both Republicans and Democrats.
Both of those conclusions would be mistakes..."
2 comments:
It isn't a joke. This is serious. This is terrible.
It really is. I don't want a dysfunctional government. People should start calling the white house and congressional offices again until the servers crash and voicemail inboxes are full. Emailing is also good.
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