White House Advisor: Tea Party to Blame for U.S. Downgrade

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axelrod-obamaA top White House adviser is blaming the downgrade of the U.S. credit rating on tea party Republicans, whom he says were unwilling to compromise on how to reduce the federal debt.

The adviser to President Barack Obama, David Axelrod, tells CBS’ “Face the Nation” on Sunday that the decision by the Standard & Poor’s credit agency to downgrade the U.S. from AAA to AA+ for the first time was strongly influenced by weeks of standoff between Democrats and Republicans over the debt.

Axelrod calls the action, in his words, “a tea party downgrade” and says it’s clearly on the backs of lawmakers who were willing to see the country default to get their way.

Axelrod also criticized GOP presidential candidates for not speaking up in favor of compromise.

{The Associated Press/Matzav.com Newscenter}


14 COMMENTS

  1. It’s was so heartening to hear Sen. Schumer, Harry Reid, Nancy Pelosi et al defend all of the spending Congress has authorized and not understand what they really did. That kind of heart will continue to give this economy heart attacks.

  2. It’s a Tea Party, a tzedoka fund raiser!! These Dems look at the whole nation as a bunch of fools! Truthfully we might be! We’re not hollering loud enough!
    To comment #1, they’ve been hiding behind the Bush for so long, but they don’t realize that their rabbit ears are sticking out! They will blame everyone and his cousin! When will they realize that the looking glass they’re looking into is a mirror!?!

  3. This is total immaturety. Elect me as your next Congressman & I will raise ire in the next session. I see this will be the Obama leggacy. Blame blame blame blame! Don’t take any responsibilty or do anything, just blame Bush, the Republicans, the Tea Party, the media, Wall Street, Mischelle, the weather, the food, the vacation, the airplanes, the sidewalk, the swimming pool, the price of stamps, etc… Donald Trump was right! The whole world is laughing at America! Such stupid, dumb, leaders. Shame

  4. This is total nonsense.

    The Democrats are spending America to oblivion with no hope to pay for it and it’s the Tea party’s fault?

    The Democrats have set up a corrupt system of dependency, handouts and grabbing the profits of hard working Americans to pay for do nothings that will vote for them. They are the cause of this problem and the downgrade of America.

    May Hashem save us from the evil plans of the leftist Democrats.

  5. The Tea Party is to blame for its far right wing political interests. The GOP is to blame for taking so long to compromise. The Democrats are to blame for not raising Taxes efficiently. The war is to blame. All of the presidents in the last 20 years are to blame for our deficit. Keep it going.

  6. Blaming the whistleblowers again! I guess our ruling clique views vocal supporters of constitutional government as subversive.

  7. B”H they have whom to blame – of course it is not Obama’s fault – that’s what happens when you elelct someone who has no experience in running anything – theory doesn’t work when it comes down to reality – experience is what can make it work. Get rid of Geithner and put someone who has experience running a company or a large business in charge, and hopefully things may change!!!

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