Re: S&P downgrades the US's credit rating...due to the SIZE of the debt.
The difference is that the debt has now exceeded GDP. Our ability to pay it off is beginning to diminish due to the shear size of it.
It's funny how the democrats and media were trumpeting the S&P when they were using the threat of a downgrade in the debt ceiling debate, but are now dismissing and demonizing the S&P after they downgraded us due to the size of the debt. I really hope people are paying attention.