Wall Street Journal: "The Road To A Downgrade A Short History Of The Entitlement State"

Before the downgrade by S&P, the Wall Street Journal predicted the coming downgrade and explained exactly why it would come. WSJ wrote that "President Obama will deserve much of the blame for the spending blowout of his first two years... But the origins of this downgrade go back decades, and so this is a good time to review the policies that brought us to this sad chapter and $14.3 trillion of debt. " Read this very important article and see the full history at http://online.wsj.com/article/SB10001424053111903999904576470551476951590.html
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