Obama was warned that if he did not add budget cuts in his deficit-adding budget the US credit rating would be downgraded for the 1st time in history. He refused to listen, and the US credit rating was downgraded. Afterwards, Obama sent the full force of his administration after the bank who had warned him and had executed the downgrade.
Barry's only concern was getting his massive Deficit-spending, not eliminating unnecessary pork spending, not the downgrade, not saddling our children with unsurmountable, national-security threatening debt.
Not to blame Democrats / Obama alone, both parties have stopped taking their own contribution to this fiscally criminal economic self-destruction. Doing the same thing over and over again while expecting a different outcome is insanity but what our politicians continue to do.
SSDD