Posted on 10 August 2011
By Mark Miller
Was it a Tea Party downgrade?
Beltway media has offered the usual pox-on-both-political houses analysis of Standard & Poor’s downgrade of U.S. debt and this week’s market meltdown. The two parties spent Monday blaming one other side for the debacle. According to this narrative, both sides must bear equal guilt.
But what does S&P actually say in its downgrade report? It’s a remarkably political document, and the finger-pointing seems to be centered on the GOP. Learn more at Reuters Money.