Contrary to popular belief, Americans aren't actually stupid. We just have a bunch of idiots running our country. Even Obama admitted that the American people

Contrary to popular belief, Americans aren't actually stupid. We just have a bunch of idiots running our country. Even Obama admitted that the American people should not have to pay for the mistakes of the people on Capitol Hill. Personally, I think S&P's decision to drop America's AAA credit rating down to AA+ was the right decision. Someone needed to call us out on our bullshit. S&P said months ago that, to keep our AAA credit rating, we needed to raise the debt ceiling a develop a “creditable” plan to tackle the nation's long-term debt. We managed to strike a deal that allowed us to raise the debt ceiling, but that's all we did. We have yet to come up with a way to fix our debt problems. The important thing is that S&P didn't say “Well they tried, so they can keep their credit rating.” Instead, they are holding America accountable for it's actions, which is what should have been done ages ago. Whats the point of having a “debt ceiling” if we're going to continue to raise it? We raised the debt ceiling 7 times while George W. Bush was president – that's 7 times in 8 years. America could be the greatest country on Earth (I think it already is, but thats just my patriotism talking) if we stopped wasting money and came up with an effective plan to start tackling our problems one by one. We have a lot of work to do and hopefully losing our AAA credit rating will get the ball rolling.