August 5, 2011

PROF. JACOBSON: S&P Drops U.S. Credit Rating to AA+ // Obama and Reid’s Crowning Achievement. “Democrats own the downgrade. They fought Republicans and Tea Party supporters every step of they way, and forced a deal which was insufficient. They played class warfare and race politics against arguments that we needed to drastically change our spending habits.”

But you can bet they’ll blame the Tea Party.

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