You could start by looking at a couple of tax-cuts and a couple of wars.I believe that Adams explanation of this part(Revenue grew after the tax cuts thus didn't cause the downgrade) of your post is sufficient.Go look it up again if you need a refresher.
The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say
The Definition of Karma:
The Tea Party throws teachers, firefighters, and police under the bus. Their children get a poor education. They are left to die during a flood, wildfire, or other natural disaster caused by the climate change they don't believe in, and the value of their property plummets as crime rates go up...
Obama's Approval Rating Drops to Lowest Ever, According to Gallup
Obama economic results in 2011, .4% GDP and 1.3% GDP growth in 2011, 24+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch!
How to create a GOP talking point 101
1) Take any negative sounding stat completely out of context and attribute it to Obama.
2) Create false and far-fetched cause/effect relationships.
3) Have Short term memory issues when discussing major causes of current debt. (unfunded wars, prescription bill, bailouts, TAX BREAKS FOR THE WEALTHY)
4) View all economics policy outcomes on a daily and weekly basis--not the usual 5-10 years.
Last edited by hazlnut; 08-16-11 at 10:15 PM.
And what Obama inherited: economy shedding 700,000+ jobs per month, GDP shrinking at 6+% per year, financial institutions teetering on the edge of collapse, trillion+ deficit.... Nice improvement.