Let's see if I have the facts correct. The tea party dug in its heels and insisted that Congress and the Obama administration do something sensible: spend less than revenues. Standard & Poor's warned that if Congress did not reduce spending, especially on entitlement programs, S&P would downgrade U.S. debt.
Congress failed to reduce spending in any meaningful way. The S&P downgraded U.S. debt. Correct so far?
Now, the Democrats are saying the downgrade is the tea party's fault. Sen. John Kerry even called it "the tea party downgrade." Sounds like something Al Gore would have said.
Richard G. Smurthwaite
- In our opinion: A slippery 'immoral' Tweet
- In our opinion: Par for the president
- Get the names right — or suffer...
- 20 of the most influential and innovative...
- Charles Krauthammer: Solution to inversion is...
- Letter: Our great nation?
- Americans are changing their tune on foreign...
- Letter: Attention diverted
- Letter: Police brutality 62
- School fees: Is Utah really family... 49
- Mary Barker: Our economic discourse... 43
- In our opinion: A slippery 'immoral' Tweet 43
- Richard Davis: The State Board can do... 42
- Constitutional commitments trump tribal... 35
- Charles Krauthammer: Solution to... 33
- Letter: Society puzzles 32