“This is a colossal disaster for Barack Obama, and anybody who says otherwise is kidding himself or trying to spin you. We know that the election of 2012 is going to be fought on jobs, the economy, and the wisdom of health care. But now the GOP has an overarching theme that I predict will be at the core of a $500 million advertising campaign: ‘America needs its good name back.'”
— John Podhoretz at Commentary’s Contentions blog, in a post titled, “The U.S. Is Downgraded, and Obama Will Be Too.”
Or as sage philosopher Blaine Nye of the Dallas Cowboys of the first half of the 1970s once said of Tom Landry, his head coach, “It is not whether you win or lose, but who gets the blame:”
Update: The only “Upside of the Downgrade,” Claudia Rosett adds, is that “Standard & Poor’s has finally reduced the spending bacchanalia of the U.S. government to a sound bite that anyone can understand.”
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