Republicans Read S&P Report Stick Fingers in their Ears: La La la laa I Can’t Hear You!

After the devastating news yesterday that S&P intends to downgrade America’s rating from its stellar AAA status, Michele Bachmann declared “it won’t take that long” for her to start turning the ailing economy around as President.

When S&P changed its rating for U.S. treasury bonds from AAA to AA+, their report said both parties share in the blame while affording Republicans the most responsibility for the “political brinksmanship” in the debt limit crisis that demonstrated the government has become “less stable, less effective and less predictable.” Revenue as well as cuts were mentioned in order to bring some semblance of sanity to our chaotic economy.

During the debate over the debt ceiling, the embattled House Speaker John Boehner tried to sooth the unrest among his Conservative counterparts in hopes of avoiding a default, but Tea Party darling, Congresswoman Bachmann was his most challenging as she led a revolt over raising the debt limit.

At a Republican Party dinner at a high school in Tiffan, Tim Pawlenty, Newt Gingrich, Rick Santorum and Thad McCotter all took turns slamming the President in hopes of garnering support while rivaling Bachmann in the August 13 straw poll in Ames. All of them staunchly oppose reining in revenue.

Predictably each of the GOP candidates took turns one by one, disregarding the report completely while laying the blame squarely at the President’s feet.

Bachmann said in a statement: “The United States has had a AAA credit rating since 1917. That rating has endured the great depression, World War II, Korea, Vietnam and the terrorist attacks on 9/11.
“This president has destroyed the credit rating of the United States through his failed economic policies and his inability to control government spending by raising the debt ceiling.”
In a statement, Romney said: “America’s creditworthiness just became the latest casualty in President Obama’s failed record of leadership on the economy.”
Santorum, said: “It’s an absolute failure of leadership of this president.”

 

One of the issues S&P had with America’s economy was revenue, however, Bachmann told reporters, after she becomes President she would stop tax increases and cut regulations. John Boehner, instead of focusing on how to present a bipartisan deal to present some form of order to the world’s view of politics in this country, he sent a ‘wake up call to Democrats’ without mention of revenue or his own party’s part in divisive politics.

While cuts were/are in dire need in order to implement a strategy in fixing our broken economy, Democrats focused on combining revenue and cuts while Republicans targeted cuts only — which is precisely what S&P’s report desired of our country – both, not one or the other, but both. One more time – both.

S&P’s assessment was clear, there is too much division and drama in our political system. Instead of working together, we’ve had Tea Party freshmen touting a shutdown; the majority of which are backing Bachmann.

Historically, the right has shouted for a shutdown while shunning any compromise, so we can only conclude after their obstinate refusal of reading what’s actually in the damned report, that this is what they wanted.

Congratu-fucking-lations! They win, America loses.

Image courtesy of: Eclectism