I think they sending a clear message to the US government to get their financial... | Hacker News

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		darksaga on Aug 6, 2011 \| parent \| context \| favorite \| on: United States loses AAA credit rating from S&P I think they sending a clear message to the US government to get their financial house in order. The fact this has never happened (to either democratic or republican presidents in the history of the country) is a major issue. Imagine if we actually passed the balanced budget amendment back in 1997 - things would be a LOT different.

rayiner on Aug 6, 2011 [–]

Is S&P in the business of politics (re: sending a message), or accurately stating whether the US would be able to pay its debts?

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