S&P: Credit downgrade was the repugican’s fault

Wow.

A Standard & Poor’s director said for the first time Thursday that one reason the United States lost its triple-A credit rating was that several lawmakers expressed skepticism about the serious consequences of a credit default — a position put forth by some repugicans.

Without specifically mentioning repugicans, S&P senior director Joydeep Mukherji said the stability and effectiveness of American political institutions were undermined by the fact that “people in the political arena were even talking about a potential default,” Mukherji said.

“That a country even has such voices, albeit a minority, is something notable,” he added. “This kind of rhetoric is not common amongst AAA sovereigns.”

When the Luddites are denying evolution, it's one thing, but when they bring their uniquely misinformed religiously-inspired "facts" to the economic sphere, what happens is you get downgraded.