Tag Archives: Credit rating

You can blame theTEA Party for the credit rating downgrade as long as . . .

. . . you are ignorant of the facts or merely a tool of the real culprits.

First, Only the Tea Party Had a $4 Trillion Plan that would have prevented the downgrade.

Second, consider this reasoning by Right Klik: Debt Ceiling Up, Credit Rating Down, Tea Party Blamed.

Help me understand this sequence of events:

  1. Obama raised the debt ceiling.
  2. The Tea Party opposed Obama’s debt ceiling deal (68%/22%).
  3. Tea Party opponents loved it (57%/35%).
  4. S&P downgraded U.S. credit rating because Obama’s debt ceiling deal “falls short.”
  5. Tea Party opponents blame Tea Party for credit rating downgrade.
Times like this are excellent tests to see who forms fact-based views and who repeats party talking points.