As I predicted in my earlier post on this, the regime Barack Hussein Obama downplayed the S&P downgrade. Rather than try to defend their Progressive agenda, The Obama regime called the downgrade political. As always, when painted into a corner, they demagogue and attack the messengers. This is a typical 3rd World Liberation tactic and Obama is introducing this method to America.
“I don’t think that we should make too much out of that,” top White House economist Austan Goolsbee said on MSNBC, referring to the S&P downgrade.
“What the S&P is doing is making a political judgment and it is one that we don’t agree with,” he said on CNBC.
The Obama regime can’t handle the truth, even though the markets didn’t.
Tags: Debt, Deficit, Standard and Poors
