Saturday, August 6, 2011

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.
Discussion: Memeorandum
Linked at 4simpsons (Eternity Matters). Thanks!

UPDATE:

From Reaganite Republican... "I call on the president to seek the immediate resignation of Treasury Secretary Tim Geithner."

UPDATE II:

Obama won’t escape blame for credit downgrade

UPDATE III:

It's official: Obama Administration blames Tea Party for downgrade.


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