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An Explanation of the U.S. Credit Downgrade For the Rest Of Us

CollegeHumor.com

I’m a bit of a news junkie. I consider myself a fairly-informed citizen of this great country. I’m a bit of a politics dork in my off time.

However, if you’re anything like me, you also heard about Standard & Poor’s downgrading the U.S.’s credit rating and responded with a head scratch and a “…huh? What does that mean?”

Fortunately, former U.S. Secretary of Labor Robert Reich has made a very easy to understand video about the dire consequences of further credit downgrades. Well, he and the fine people at CollegeHumor.com

I don’t know about you, but I have no interest whatsoever in eating at Benny’s Chowdah Shack.

Learn more about our tragic fate HERE.

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