The midnight ride of Standard & Poor’s

posted by
April 22, 2011
Competitive Enterprise Institute
by Iain Murray  
Posted in Commentary

"Three cheers for Standard & Poor’s. On Monday, the rating agency issued a critical warning that America’s debt burden is growing too great. By doing so, it has helped make it less likely for the Washington budget debate to keep going down the path to national bankruptcy. We are now faced with a clear choice between a big-government, high-tax welfare state and a small-government, low-tax republic, such as the founders envisioned." (04/20/11)  

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