After a weekend of silence, President Obama addressed the S&P downgrade and the US economy this afternoon from a White House dining room. He said that the US will always be a AAA-country, and Standard and Poor's is the only ratings agency to downgrade its credit rating to AA+.
The S&P Downgrade: Economics and Politics
Credits
Guests:
- Daniel Gross - Strategy + Business - @grossdm
- Zachary Karabell - President, River Twice Research
- James Galbraith - University of Texas, Austin
- Stephen Moore - Heritage Foundation - @StephenMoore