Sunday, August 7, 2011

John Kerry and Lindsey Graham

Flipping around the channels I saw back-to-back clips on CNN showing Senators Kerry and Graham.

I think for the first time ever, I agreed with something that Graham said in a substantive way. He claimed that had the Congress cut spending significantly, like the TEA Party had called for, treasury debt might not have been downgraded.

Kerry, on the other hand, actually blamed the TEA Party for the downgrade!!! I don't understand how a group of people calling for spending cuts and not getting them can be responsible for this!

The only excuse Kerry could have for this is that S&P cited the fact that there were no tax increases as one of several reasons that they downgraded treasuries. S&P is wrong on this point, and the fact is the out of control spending is a far bigger problem.

1 comment:

  1. I prefer the Boston THREE party
    http://www.youtube.com/watch?v=y2iT3wQnAqQ

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