you're more of a pompous blowhard than usual today but just as stupid as ever
I don't have time to address all of your claims so let's just take the first two as a test of your intellegence and honsetly
The credit downgrade was due to the gridlock in Washington (per S&P) and that was caused by Republicans playing politics with the debt ceiling so if you want to piss about the downgrade then make sure you blame the right people
Obama walked into office with a 1.2 trillion dollar deficit for 2009 (per CBO before he took office) and when the stimulus was added it was 1.41 trillion and he has lowered it every year that he has been in office
If you want to concede those two facts I'll be glad to address the rest of your claims (they are not all COMPLETELY false though your premise that they are Obamas fault is)
If you can't deal with facts then there is no point wasting time going any further
The downgrade wasn't because of Washington Gridlock you imbecile. Only a relentlessly mindless liberal could make such an amazingly stupid argument. The downgrade was because of SPENDING AND DEBT. What exactly were the credit agencies waiting for? More Washington policies that burden future generations of Americans with wasteful and out of control spending? I guess the solution all along was to continue spending money we don't have on shit we don't need. Why is it that Washington gridlock only seemed to appear out of thin air as a convenient excuse once it became apparent that all of Obama's policies had failed miserably and the country had resoundingly rejected his agenda via the 2010 midterms.
The bottom line is that Obama and the Democrats are not serious about balancing the budget at all. It was Obama, Reid and company that forced the gutless GOP leadership to accept the pathetic debt ceiling deal last year. S+P correctly concluded that the debt ceiling deal was a joke.
But why take my word for it? Let's review what S+P offered as its explanation:
http://www.standardandpoors.com/ratings/articles/en/us/?assetID=1245316529563 We have lowered our long-term sovereign credit rating on the United
States of America to 'AA+' from 'AAA' and affirmed the 'A-1+' short-term
rating.
We have also removed both the short- and long-term ratings from
CreditWatch negative.
The downgrade reflects our opinion that the fiscal consolidation plan
that Congress and the Administration recently agreed to falls short of
what, in our view, would be necessary to stabilize the government's
medium-term debt dynamics.
More broadly, the downgrade reflects our view that the effectiveness,
stability, and predictability of American policymaking and political
institutions have weakened at a time of ongoing fiscal and economic
challenges to a degree more than we envisioned when we assigned a
negative outlook to the rating on April 18, 2011.
Since then, we have changed our view of the difficulties in bridging the
gulf between the political parties over fiscal policy, which makes us
pessimistic about the capacity of Congress and the Administration to be
able to leverage their agreement this week into a broader fiscal
consolidation plan that stabilizes the government's debt dynamics any
time soon.
The outlook on the long-term rating is negative. We could lower the
long-term rating to 'AA' within the next two years if we see that less
reduction in spending than agreed to, higher interest rates, or new
fiscal pressures during the period result in a higher general government
debt trajectory than we currently assume in our base case
Also==> A second downgrade occured, but it was barely reported:
http://www.dailyfinance.com/2012/09/14/ratings-agency-egan-jones-downgrades-us-debt/Moodys will be next if Obama gets a second term.
As to your second point-- we are now in debt 16 trillion dollars.
http://www.forbes.com/sites/billflax/2012/09/04/the-national-debt-16-trillion-dollars-of-moral-cultural-and-political-decay/,
Obama has added Trillion plus deficits each year of his Presidency,
http://www.usatoday.com/story/theoval/2012/10/01/obama-faces-trillion-dollar-deficits/1606435/http://www.brillig.com/debt_clock/