Due to Obama’s failed policies, and historically rampant over-spending, Standard & Poor’s has lowering the nation’s rating to one notch below AAA for the first time in our nation’s history.

The AAA credit rating has lasted through World Wars, The Great Depression, stock market crashes, 9-11, and anything else that our country has endured.. That is, at least, until Obama took office and started killing jobs and throwing trillions of borrowed dollars down the toilet.

Standard & Poor’s announced Friday night that it has downgraded the U.S. credit rating for the first time, dealing a symbolic blow to the world’s economic superpower in what was a sharply worded critique of the American political system.

Lowering the nation’s rating to one notch below AAA, the credit rating company said “political brinkmanship” in the debate over the debt had made the U.S. government’s ability to manage its finances “less stable, less effective and less predictable.” It said the bipartisan agreement reached this week to find at least $2.1 trillion in budget savings “fell short” of what was necessary to tame the nation’s