One could argue the two are not mutually exclusive; I think the timing of the downgrade was selected by S&P committee to encourage a QE3 push. I think the fac

One could argue the two are not mutually exclusive; I think the timing of the downgrade was selected by S&P committee to encourage a QE3 push. I think the facts of the downgrade (less revenue then spending for the foreseeable future) have been true for a long time.