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 »

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

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