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Monday, August 8, 2011

Rachel Maddow Debunks GOP Talking Point That S&P Downgrade Was Due To Debt


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'Rachel Maddow: We didn’t know how bad the recession was. We know the hole we have been digging out of is deeper than we thought. The question is whether or not the stock market dropping 500 points in a day and as much as it did in two weeks, the downgrade is going to be a wake-up call. What is feasible in Washington? The downgrade message, whatever you think of S&P, they mentioned the need for increased revenues and revenues being on the table three separate times. They indicted the Republican Party right

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