Analysis: U.S. downgrade offers a lesson for politicians

08/7/2011 | Economist (free content), The

A downgrade of the U.S. credit rating by Standard & Poor's doesn't tell bond buyers anything they didn't already know, but it could be a wake-up call for politicians, this blogger writes. It might persuade Congress to abandon brinksmanship in favor of compromise. "Investors won't learn much new from S&P's announcement. Politicians should," the blogger writes.

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Economist (free content), The

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