How will the market react to downgrade?

[Tgo01]

So your argument is that we should reduce the deficit at the wrong time because you don't trust congress to reduce it at the right time? I can't disagree that they screwed up not dealing with the deficit while the economy was good. That's when you rein it in. It doesn't change the fact that reducing or eliminating deficit spending during times of economic hardship is simply going to make things worse.

My argument is it seems like there is never a 'good time' to reduce the deficit because there always seems to be some expert out there who everyone at the time listens to who says now is the wrong time to reduce the deficit. That and Congress is full of jackasses.