There is a bunch of finger-pointing going around on who’s to blame for the downgrade.
People are pointing their fingers at the Tea Party, at the Military, at the Democrats, at the Republicans, even at the S&P (the messenger) – basically everyone but themselves. Reminds me of an alcoholic/drug addict blaming external circumstances to their own decisions and behavior.
What we have is a SPENDING PROBLEM. The first step in any problem is admitting we have a problem. We are not there yet… We are still in denial. In order for us to begin to correct the problem, we need to admit we have a Spending Problem. Once we do that, we can begin to correct the situation.