And he wants to do the same thing for the nation! New Jersey had its credit rating cut one step by Standard & Poor’s, handing Chris Christie his eighth downgrade, the most ever for a Garden State governor. The reduction to A, the sixth-highest level, with a stable outlook follows a Sept. 5 downgrade by… Continue reading New Jersey – 8 Credit Downgrades Under Christie’s “Leadership”
Tag: credit rating
America’s Credit Downgraded, Another Win For Republicans
The Standard & Poors rating agency has, for the first time in America’s history, downgraded America’s Credit ratings, from a Triple A rating to AA+ ratings. The agency cites the political system in Washington as one of the reasons why the credit downgrade happened. “We lowered our long-term rating on the U.S. because we believe that the… Continue reading America’s Credit Downgraded, Another Win For Republicans