Democratic spinmeisters have concocted a nice little phrase to describe the actions of the Standard and Poor’s Ratings Agency, which was used to little effect over the weekend: The Tea Party Downgrade.
Nice try. That is kind of like blaming the fire department for not putting out the fire fast enough.
The S&P believes that we spend too much as a nation and that we don’t have the political will to stop spending. The Tea Party was formed primarily to send a message to Washington that America needs to stop spending money we don’t have.
The Tea Party won’t get the blame for the debt rating downgrade. President Obama will get the blame and it will hurt him with the American people in the next election.
This 30-second ad takes less than 30 seconds to create. A picture of the President hanging out with his Democratic colleagues fades in and fades out. A screen shot fades in: “The first President to ever lose America’s AAA credit rating. Had enough?”
The President’s men know this is a bad hit. That is why Tim Geithner is attacking the S&P so harshly. That is why the spinners are trying to pin the blame on conservative Republicans. But it won’t work.
















