Today’s Economic News

George Lakoff praises President Obama’s budget speech. Meanwhile, the President will be on the road this week to sell his plans for the budget, including tax increases for the rich.

Standard & Poor has issued a “negative” credit rating outlook on the U.S., which means the S&P thinks there is a 33 percent chance it’s going to have to downgrade the U.S. credit score in the next couple of years. (Would a subscription to one of those credit report sites help?) Paul Krugman comments.

4 thoughts on “Today’s Economic News

  1. It seems like someone forgot to pay off S&P’s bribe this year.

    Hand ’em a few million to boost that rating up!
    Hey, it worked for the banks.

    • At first, I thought it was a parody. But it turms out, this guy is for real.

      Wow, you can almost see the burning cross and the guys in Klan hoods in the background.

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