U.S.A. credit rating no longer AAA (S & P), and the White House never saw it coming?


No risk to America’s credit rating, Geithner had said. …  But here it is. … 

World, …   no need to cry for America, the nation is still standing, but the White House needs to accept responsibility for the mess it has created rather than blaming the other Party.

The White House never saw it coming, so in the midst of the country’s financial woes, President Obama marched recklessly along to a socialistic drumbeat, pushing this and that, including a redistribution of wealth agenda and creating a vast healthcare program that will bring further financial stress to the country. …

Obama is the president, and has failed America — and he ought to note that America does not respect a leader who continually tries to weasel out of accepting responsibility. …

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7 Responses

  1. Well heck, let’s just blame Bush, or racism, or free markets…

    Fact is Bush policies did screw up the economy. That’s a pretty well established fact. But the obama hit it out of the ball park when it came to economic incompetence. Doing ever more of the same and expecting a different outcome is insane. But that’s what these politicians keep doing.

    • “… hit it out of the ball park …” , “… expecting a different outcome…” , tho’ doing the same: insanity, yes — Concisely and metaphorically shows what the problem is with many politicians…

  2. Obama has not failed America. Things cannot change overnight. It might actually take a few years for Obama or whoever else is next to fix all the problems the Bush administration left him.

    • Thank you for taking the time to comment, but the-buck-does-stop with the president, so he gets the credit when things go well, and when they don’t… It’s unbecoming the office of the President of the United States of America for him continually to try to weasel out of accepting responsibility or for him repeatedly blaming others. He is the President of the United States of America and the suggestion is that he ought to stop bellyaching and whining – that conduct does not wear well for the person in his powerful position. …

      Americans as a whole are not whiners and bellyachers when things do not go splendidly, so he needs to do a better job of reflecting the same kind of dedication and steely backbone that is expected by the great people who elected him. …

    • Blame Bush blame Bush blame Bush. A simple comment without thinking. The president has to accept blame

    • Obama has had almost three years to implement policies that would improve America and it is telling that there have been no improvements and that the economic outlook stagnates. The rest of the world views us as increasingly immaterial (at best) and Obama’s domestic approval ratings continue to be under 50%. All of the promises that he made to lead America out of the “disastrous” Bush years have failed to materialize – in fact, Obama has adopted many of Bush’s policies regarding Iraq, Afghanistan and Guantanamo. You can continue to apologize for Obama’s incompetence and refuse to recognize his failures, but the fact remains that America’s problems have worsened under his Presidency.

    • Problems have worsened under this presidency without a doubt, and he must accept responsibility for his lack of positive leadership, rather than he simply continually blaming others (who also must accept responsibility).

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