Tag: Downgrade

Biden Team Throws a Fit Trying to Spin Fitch Downgrading US Credit Rating – RedState
Politics

Biden Team Throws a Fit Trying to Spin Fitch Downgrading US Credit Rating – RedState

I feel like I’ve said this a lot lately, but Joe Biden has a lot of gall. I think there’s no question about it. He’s done such a horrible job on the economy, driving us into record inflation spurred on by reckless spending. But then he tries to take “credit” for all kinds of things he had nothing to do with or that aren’t true. He tries to label his failures a success, even calling the mess he’s put forth “Bidenomics” (as though that were something of which to be proud). But there’s only so much you can spin, and there’s no getting away from the facts. Now, some of those facts may just have caught up to Joe Biden. Fitch Ratings has downgraded the country’s credit rating one level from “AAA” to “AA+” because of the growing debt and battles over the debt limit. NBC Nightly News was the o...