The left is in full meltdown mode after Moody’s downgraded the U.S. credit outlook—blaming President Trump, of course. Never mind the fact that Moody’s was the last of the three major credit rating agencies to give the United States the benefit of the doubt for years, even as the national debt exploded under Democratic leadership. But now that reality has caught up with them, it’s suddenly all Trump’s fault.
Moody’s decision to cut its outlook on the U.S. credit rating comes as no surprise to anyone who paid attention to the fiscal disaster that was the Biden administration. From day one, Joe Biden greenlit trillions in unnecessary spending, fueling inflation and saddling the economy with long-term debt. This isn’t about the past 100 days under Trump—this is the bill coming due for the last four years of reckless left-wing policies.
Trump Treasury Secretary Scott Bessent made that clear during his appearance on “Meet the Press” Sunday morning. “I think that Moody’s is a lagging indicator, and I think that’s what everyone thinks of credit agencies,” Bessent said. “Larry Summers and I don’t agree on everything, but he said that when they downgraded the US in 2011. So, it’s a lagging indicator.” He added, “Just like Sean Duffy said with our air traffic control system, we didn’t get here in the past 100 days. It’s the Biden administration and the spending that we have seen over the past four years.”
He’s absolutely right. The debt crisis didn’t magically appear the day Trump returned to the Oval Office. When Biden left, the U.S. deficit was a staggering 6.7% of GDP—even though we (allegedly) weren’t in a recession and weren’t fighting a war. Bessent emphasized, “We inherited 6.7% deficit to GDP… and we are determined to bring the spending down and grow the economy.” That’s the difference between Trump’s America First agenda and Biden’s bloated government boondoggles.
It’s also worth noting the political convenience of the left’s outrage. When Standard & Poor’s downgraded the U.S. credit rating back in 2011 under Obama, Democrats blamed Republicans for not giving the administration a blank check. That downgrade was directly tied to political brinkmanship over the debt ceiling. And when Fitch dropped the U.S. from AAA to AA+ in August 2023, citing “expected fiscal deterioration,” the left barely batted an eye. Why? Because Joe Biden was president.
Recommended: I Guess Democrats Really Are This Stupid
It’s funny how that works, isn’t it? In both those instances, the Democratic presidents were in office for at least a couple of years… not 100 days. But now that Moody’s has issued its own rebuke, suddenly it’s a five-alarm fire—and Trump’s to blame. The truth is, Moody’s held the line far longer than the others. If anything, their downgrade was long overdue. The real scandal is why they waited so long to do what S&P and Fitch already did under previous Democrat administrations.
The left doesn’t want accountability—they want scapegoats. But the American people aren’t buying it. They know who spent the money. They know who created the crisis. And they know who’s trying to fix it.
