An Analogy to Explain the Downgrading of the American Economy

A lot of people like to use the turn of phrase, “from Wall Street to Main Street.” Well, Rufus the Dog takes this one step further (a rather astute doggy he is) and notes that if a family announced that they weren’t going to pay their bills anymore, the credit loan officers and bankers *probably* would downgrade their credit rating. Is it any surprise that the S&P downgraded the US credit rating? Voice your opinion on this perceptive post.

Post Title: The debt ceiling discussion as a household family meeting

Originally published at www.dogwalkblog.com

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