If you follow the link above, it will highlight the uncertainty that is US policy making. What Moody's and S&P have done is hold congress and the government accountable. If you ask most citizens what they think about congress at the moment, it is mostly negative. Why should they not get a negative outlook? Further, the practices that currently go on at capital hill are completely opposite from what goes on throughout our great country. Who holds capital hill accountable? The American people? The American people do not have the time to oppose what our government is doing...the last time that "The People" truly got together to protest and support a decision against the government was in the late 60's. In today's times of working 2 jobs, raising a family, and other excuses, people find it easier to bicker and moan to their friends rather than take action. How many people come out and vote, is a good illustration of people and how they think of government. The government "dog" has been without a leash for too long, and as much as it hurts to see the downgrade, it is a necessary act to correct the animal which we as a population have created.
Keep us honest Moody's and S&P.
Scott
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