Tag: downgrade
How will the economic downgrade impact the political parties? | Inside Story
The credit score of the world’s biggest economy—downgraded. The rating agency Fitch says it evaluated several factors before lowering America’s score from AAA, to AA+. At the core of the issue is spending, which many say is out of control. Political divisions also weigh heavily. So, will this downgrade sway investors? And what impact will it have in Washington, a year before the U.S. presidential…