You Knew This Was Coming… Axelrod Blames Tea Party for S&P Downgrade (Video)
It’s an Obama world. Up is down. Square is round. Marxists are moderate. And tea partiers are responsible for the US debt.
White House adviser David Axelrod today blamed the tea party for the downgrade in the US credit rating.
Barack Obama and Nancy Pelosi added over One Trillion Dollars to the annual federal budget in the last 3 years alone.
That’s at least a 30% increase in federal spending in just 3 years.
But, it’s the tea party’s fault.
Axelrod called the Obama downgrade the “tea party downgrade.”
The AP reported:
A 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.