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