Just days after S&P’s unprecedented and harmful downgrade of the U.S. credit rating in Aug. 2011, S&P senior director Joydeep Mukherji said that default deniers helped fuel the downgrade: “That a country even has such voices, albeit a minority, is something notable," Mukherji said at the time. “This kind of rhetoric is not common amongst AAA sovereigns." Yet just two years later, Republicans in Congress seem intent on further damaging the economy with the same kind of “notable" rhetoric. One GOP Congressman - Rep. Ted Yoho - went so far as to claim that defaulting would actually “bring stability to the world markets."
Republicans who are responsible for this headline today….
Republicans downplay “default," dismiss debt deadline
-National Journal, 10/6/2013
….might want to go back and read this headline from 2011…
S&P: Debt default skeptics fueled ratings downgrade
-Politico, 8/11/2011
