Arianna Huffington appeared on CNN's "Fareed Zakaria GPS" to discuss the fallout of the debt ceiling deal.
She said that President Obama "failed" at gaining independent support.
"If Obama thought that this was really his way of saying, 'I'm the grownup in the room, I'm going to compromise, go with me,' it's not working," she explained.
Discussing the deal's economic shortfalls, she said, "On purely economic terms, this is not working...you had basically a pretty reasonable consensus among the economists, this is not the right policy long term to control the deficit."
WATCH(via CNN):
I wonder when they'll backtrack on their incorrect rating for us.
Either this agency needs a total rehaul or it should be rendered void.
Either a total rehaul is in order or someone should render them irrelevant.
B S
Polls are opinion makers, not opinion takers.
The link you provided is to the general S&P site where it talks about how they reached the "assumptive" conclusions; that is, our dysfunctional government and our policies.
No where on that site does it specifically mention their downgrade was due to our "entitlement" programs,which is what you're asserting.
That's just not true.
And, yes, I can and do read.
http://www.nytimes.com/2011/08/08/opinion/credibility-chutzpah-and-debt.html?_r=1&src=ISMR_HP_LO_MST_FB
pretty much exposes S&P. This is the agency that refers to our government as dysfunctional.
Oh, the irony.
The article should be about Klein who knew his stuff very well.
I also disagree with the editor regarding Obama's approval with independents. Joe Klein also disagreed with her. I don't think that group is likely to abandon a leader who tries to act in a bi-partisan manner, considering all the people of this nation, not just Democrats and not just Republicans. It would seem the criticism of the president is personal, and I think HP would serve its readers better if a more fair appraisal of Obama as well as conservatives is presented.
http://www.nytimes.com/2011/08/07/opinion/sunday/what-happened-to-obamas-passion.html?pagewanted=1&_r=1&ref=opinion
the price of gas went up [roughly 30%+] over a short time.
There was no real change in demand around the world, not
that fast, it was the greed of speculators who can use
margins to drive the market, in effect, nuts.
Even conservative Exxon has said speculators have
added an unnecessary 50-80 cents to every gallon.
So the small opening of Strategic Reserves recently
must be done 2-3 more times, to shock the spec's
and force some out of the market. This one
step could save 2-300,000 jobs soon.