This follows the downgrade from the other major credit agencies which occurred in 2011 and 2023 respectively.
Historically, the U.S. maintained a perfect credit rating from all three agencies for decades, reflecting the country's economic strength and political stability. That changed in 2011 when S&P downgraded the U.S. from AAA to AA+ following a contentious debt ceiling standoff. Fitch followed suit in 2023, citing fiscal deterioration and repeated political brinkmanship. Moody's had been the last to maintain a stable AAA rating.
These were during Democrat administrations. I'm sure you totally cared when that happened during the Obama and Biden administrations. Can you point to the posts where you called this out and sounded the alarm?
