Bloomberg: S&P Got It Right
August 8th, 2011

Mayor Michael Bloomberg said Standard& Poor’s got it “righto the nose” when it condemned dysfunction in Washington and downgraded the U.S. credit rating. “Don’t blame the messenger,” the mayor said at a press conference this afternoon, saying the ratings agency had delivered “a demining indictment of how bad things have gotten in Washington.”

“We’ve gotten a two-month civics lesson in how to talk the economy down,” he said

As he has done in the past, the mayor excoriated Washington for not doing more to put the nation’s fiscal house in order and for coming so close to default earlier this month, but did not volunteer whether he blames everyone in Washington equally or, like the American people, holds some more responsible than others.

By on August 8, 2011, 3:56 pm
In category: City Hall,Economy | 1 Comment »

| More

RSS Feed RSS Feed


One Response to “Bloomberg: S&P Got It Right”

  1. house cleaning Says:
    March 5th, 2012 at 7:40 pm

    I believe this is one of the such a lot significant information for me. And i am satisfied reading your article. But wanna statement on some general things, The site style is ideal, the articles is really excellent : D. Good job, cheers

Gotham Gazette the Place for Politics and Policy

Gotham Gazette is published by Citizens Union Foundation and is made possible by support from the Robert Sterling Clark Foundation, the John S. and James L. Knight Foundation, the Altman Foundation,the Fund for the City of New York and donors to Citizens Union Foundation. Please consider supporting Citizens Union Foundation's public education programs. Critical early support to Gotham Gazette was provided by the Charles H. Revson Foundation, Rockefeller Brothers Fund and the Alfred P. Sloan Foundation.

RSS Feed