USA Today Editorial—S&P confirms what everyone already knew

Posted by Kendall Harmon

Standard and Poor's, the agency responsible for Friday's downgrade, merely confirmed what anyone with their eyes open for the past decade or two already knew: The U.S. has a huge and growing debt problem that it is resolutely unwilling to solve.

Not unable. Just unwilling.

Not just politicians, but anyone who buys into their divisive, fanciful rhetoric.

Read it all.

Filed under: * Culture-WatchPsychology* Economics, PoliticsEconomyCredit MarketsCurrency MarketsStock MarketThe Banking System/SectorThe U.S. GovernmentBudgetThe National DeficitPolitics in GeneralHouse of RepresentativesOffice of the PresidentPresident Barack ObamaSenate* International News & CommentaryAmerica/U.S.A.

1 Comments Posted August 9, 2011 at 6:00 am

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