[TorpX]

Originally Posted by Platapus

How about we wait and see what the effects of this one reporting change will make before getting upset?

S&P is only one source and they are not infallible. There is already controversy about their methodology being discussed on the news.

I think this was inevitable. Since the Fed refuses to cut spending, it was only a matter of time. What difference does the details of their methodology make? Year after year, the Gov't spends more and more (most of it unwisely), and refuses to change it's way of doing things. The deal Obama signed just sweeps the mess under the rug, so they can all start campaigning for re-election.