Oh Seran is definitely falling for it.
https://www.nbcnews.com/news/amp/rcna97722
White House blames GOP after Fitch downgrades U.S. credit rating
The Biden campaign pointed to Trump-era problems, calling Fitch's decision a “Trump downgrade."
I love it. Inflation gets labeled as the Putin Price Hike. An agency that decides to downgrade our credit rating in the name of politics is labeled the Trump Downgrade. Anything good in our economy though? Oh that is Bidenomics.
What’s really funny is the rating agency retained countries like Canada, Sweden, Singapore, Australia, and Germany among others as AAA rated. Politics aside, the United States is still the most prosperous and economically dominant country on planet Earth. Those other AAA countries’ economies are very much dependent on the USA’s economy & military protection for stability. Luckily it’s the market and not rating agencies that set borrowing costs.