Okay, just finished watching the President's speech. Where he gave us his thoughts as to what caused the downgrade and what he's going to do about it.
Who's at fault?:
S&P - Check
'Prolonged' debt debate (read: Tea Party - Check).
Tsunami in Japan- Check.
Meltdown in Europe - Check.
His leadership - Che.. um, say what?
And how do we get out of this mess? Why the Keynesian model of course:
Balanced (take a drink) approach - Check
Spend more on infrastructure - Check
Make the 'wealthiest' among us pay their 'fair share' (read: class warfare - Check)
Yep nothing to see here folks, move along, move along..