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Democrats Blame Tea Party For Downgrade

From an irony proof Politico:


Blame, insults traded over downgrade

By: Julie Mason
August 7, 2011

.. The political gridlock that contributed to S&P’s decision to make the first-ever reduction in the nation’s AAA credit rating to AA+ was evident Sunday, with members of both parties agreeing the blame is shared — but mostly the other guy’s fault.

“If we had defaulted on our debt, the consequences would have been dramatic and lasting,” Obama 2012 campaign strategist David Axelrod said on “Face the Nation” on CBS.

“It was the wrong thing to do to push the country to that point,” Axelrod said. “It was something that should never have happened that clearly is on the backs of those who were willing the see the country default: those very strident voices in the tea party.”

Andd yet it’s only the Tea Party that has pushed for more deficit reduction. In fact, the Tea Party is the only group that has offered a plan to reduce the deficit in a way that would satisfy S&P’s requirements (‘Cut Cap And Balance’).

However, according to Mr. Axelrod, it’s all the Tea Party’s fault.

Axelrod called Friday’s action by S&P’s “a tea party downgrade,” a reproach echoed verbatim on NBC’s “Meet the Press” by Democratic Sen. John Kerry of Massachusetts.

“I think this is one of the most telling, important moments in our country’s history right now,” Kerry said.

Former Democratic National Committee Chairman Howard Dean took a stronger tone on CBS, suggesting the tea party has been “smoking some of that tea, not just drinking it” and said of the entire default and downgrade morass, “this is a tea party problem.”

“They are totally unreasonable and doctrinaire and not founded in reality,” the former Vermont governor said of the congressional tea party members

What could be out of touch with reality than mocking the only people who have pushed for a reduction in spending?

This article was posted by Steve on Monday, August 8th, 2011. Comments are currently closed.

8 Responses to “Democrats Blame Tea Party For Downgrade”

  1. untrainable says:

    Obviously S&P is just a bunch of racists. They hate the black president and just want to make him look bad. What other explaination could there be? This decision has nothing to do with facts or deficit levels or overspending or unfunded liabilities or debt to gdp ratios or anything like that. It’s racist pure and simple. [sarc off]

  2. Petronius says:

    As the economic calamity approaches, the need for scapegoats becomes manifest.

    Nobody — not even Hitler and Goebbels — has understood this better than the Marxists.

    For who has held the reins of power during the last three years, and racked up a generation worth of debt for dubious benefit?

    Was it those astroturf Tea Party people? Those angry, violent, racist, hostage-taking terrorist hobbits, with their strident demands for fiscal restraint, for an end to cram-downs, and for restoration of Constitutional government?

    Hmmmm?

  3. Chinnubie says:

    I’m amazed the downgrade isn’t far worse because these financial graders have to be aware of who is in charge of this economy. My guess, most of these morons voted for him and the pure embarrassment has them attempting to thinking on the positive side hoping beyond hope that some fiscal restraint will be placed on the spending these democrats and republicans can’t seem to put a lid on. Republicans gave us a great show of how real politicians are supposed to act, but in the end they didn’t want to be blamed for having to gut this overweight and out of shape government. I got some bad news for all of them, somebody’s going to have to take some resposibility for the never ending spending going on with the federal government. Term limits would solve these kinds of problems not to mention never being placed in this type of position, because the majority of people running for these positions of power would understand the real long term ramifications of their decisions. At least, I hope they would in most cases.

  4. proreason says:

    Well I was highly confident of two things when I woke up this morning. I was pretty sure the sun would be in the sky, and I was pretty sure the marxists would be blaming the Tea Party for the downgrade.

  5. tranquil.night says:

    Repeat it enough on tv, maybe it’ll sink in on all those rubes that don’t have the time to study the political, economic, and military subversion of the United States – cause they’re like, gasp, working, or trying to find work.

    Facts and History don’t need to matter if you have a message delivery apparatus, the MBM, who’s going to get people to believe your crap without impunity or even the slightest layer of intellectual curiosity!

  6. proreason says:

    Remember when I said the downgrade wouldn’t affect the cost of debt service at all. China isn’t going to be plunking much of its money in Lichestein’s bonds.

    http://hotair.com/archives/2011/08/08/treasury-market-improves-initially-after-downgrade/

  7. Papa Louie says:

    Obama and the Democrats had no plans to cut spending at all until Tea Party conservatives put pressure on them. Then they agreed to make meaningless, symbolic cuts in outlying years. If the Tea Party has any fault in this downgrade it is not because they pushed too hard, it is because they didn’t push hard enough for additional spending cuts.


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