Obama on the Downgrade
The President, naturally, could be counted on to rally the nation with inspirational rhetoric following the twin body blows to our nation's finances of stock market crash and S&P downgrade. Not.
Presidential spokesman Jay Carney:
The President believes it is important that our elected leaders come together to strengthen our economy and put our nation on a stronger fiscal footing.
The bipartisan compromise on deficit reduction was an important step in the right direction. Yet, the path to getting there took too long and was at times too divisive. We must do better to make clear our nation's will, capacity and commitment to work together to tackle our major fiscal and economic challenges.
Blah stupid blah.