For two years, the Democrat party had a super-majority in the Senate, the majority in the House, and the executive branch. They had hundreds upon hundreds of chances to raise the debt ceiling or to cut spending but decided not to. Yet, the day after S&P downgraded the United States' credit rating, Democrats are deciding to blame Republicans for every possible thing wrong with the economy, particularly our credit.
For example, Harry Reid stated in response to the news:
The action by S&P reaffirms the need for a balanced approach to deficit reduction...instead of hardliners who have already ruled out the balanced approach that the markets and rating agencies like S&P are demanding.
So the question is: who is really to blame? Is it Republicans for demanding that Democrats cut over-spending and balance the budget? Is it President Obama for leading from behind? Is it Democrats for over-spending and blaming others instead of actually doing anything? Maybe President Bush somehow? Or some combination?
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