News for hackers. Stuff that matters.

A comment on United States loses AAA credit rating from S&P . Parent comment

Re:United States loses AAA credit rating from S&P by darksaga on Saturday August 06, 2011 @12:06AM (#2852956)
I think they sending a clear message to the US government to get their financial house in order. The fact this has never happened (to either democratic or republican presidents in the history of the country) is a major issue.

Imagine if we actually passed the balanced budget amendment back in 1997 - things would be a LOT different.

[ Parent | on HN ]
Re:United States loses AAA credit rating from S&P by rayiner on Saturday August 06, 2011 @04:12PM (#2854813)
Is S&P in the business of politics (re: sending a message), or accurately stating whether the US would be able to pay its debts?
[ Parent | on HN ]