Obama’s Downgrade May Last Until 2029

Ben Johnson, The White House Watch

Obama scored another historical first on Friday, becoming the first president to see the U.S. credit rating downgraded by Standard & Poor’s, from AAA to AA+. While we hope his presidential reign lasts no longer than January 2013, Americans may have to live with the consequences of Obamanomics [...]

U.S. Credit Downgrade: Another Obama First!

Ben Johnson, The White House Watch

Three years ago, many well-meaning Americans suspended concerns about Barack Obama’s experience, judgment, and associations in order to vote for an “historic” president. To paraphrase H.L. Mencken, they got one — good and hard. Friday night, for the first time in history, Standard & Poor’s downgraded the U.S. [...]