Statement from S&P parsels blame evenly between Dems & Rs, entitlements and taxes.
Then S&P is doing a favor for the Dems, because tax revenue as a percentage of GDP has remained pretty constant while spending has exploded. That means taxes aren't the problem, spending is. If S&P is being "evenhanded", then it is being biased.
72 posted on 08/05/2011 6:13:49 PM PDT by Yardstick