Golly, under Obama we were AAA — then Trump comes in and WHAM! Junk bonds! [/CNN]
RE: Golly, under Obama we were AAA — then Trump comes in and WHAM! Junk bonds!
Actually on August 2011, S&P DOWNGRADED US debt for the first time in history from AAA to AA+.
See here:
https://www.wsj.com/articles/SB10001424053111903366504576490841235575386
The issue should not be who is President, but ARE THE DOWNGRADES reasonable.
Yep - even as the economy itself starts rolling like it never did under Obama...blame the Fed for this cheap shot....but it too will straighten out as much as something that nobody really knows about as far as what “tweaks” it these days - else we wouldn’t have 26 stories coming out of 20 pundits’ mouths...