Obama’s Partisanship Threatens Our Financial Outlook
Standard & Poor’s (S&P) shifted their outlook on the United States’ long-term AAA credit rating from “stable” to “negative,” citing the unlikely bridging of partisan divides on serious fiscal reform until after the 2012 elections. This is the first time since Pearl Harbor that the long-term outlook has been negative. Nikola Swann, S&P’s credit analyst, […]