U.S. Credit Rating Downgrade, the second one, Is a Sign of Government Dysfunction

Hard to disagree with that statement! The U.S. government debt to GDP ratio is above 120%, one of the highest ratios of all members of the OECD!

E.g. whatever happened to President Reagan's support of a balanced budget amendment?

U.S. Credit Rating Downgrade Is a Sign of Government Dysfunction The national debt has ballooned from $14 trillion to $32 trillion in a little over a decade.