Friday evening the credit rating company downgraded the debt of the United States. Our debt was downgraded from AAA to AA+. Now what does this mean for the citizens, mortgage rates, auto loan rates are all going up no matter what.
This is only one person's fault...one President Obama. This whole downgrade falls onto Obama's shoulders. He did not get involved with the debt talks soon enough. I guess you could also put this on the shoulders of all the representatives and senators as well. I hope they are all happy about this.
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