The “political” side of the economy has come home to roost. From their perch, the GOP is placing two big bets. First, that the confusion and fear associated with misunderstood big numbers will find an unimpreachable home in the minds of consumers who, having a hard time paying bills, facing overtime and regular hours cutbacks, rising food and energy costs, are outraged when the government borrows and spends trillions. Second, that actual policy will be overrun by ideology. 
Wealth is no longer tied to labor, it has its own instruments of increase–but the GOP drones that wealth creates jobs. (The new rich are not Henry Fords!) Inflation shows no evidence of raising; but weekly, articles appear that warn of its threat. The GOP says regulation kills job growth, neatly overlooking how unregulated derivatives only 3 years ago brought the world’s economic system to disaster. The effects are still felt as the GOP pursues policies that will create conditions for another recession resting even more heavily on workers and families.
The GOP issues a jobs plan filled with clip art, a budget that turns direct service health care into a voucher plan and claims that the only path to American renewal is fiscal responsiblity–when weeks before calling for a balanced budget amendment, they passed the Ryan budget that ran deficits until 2030, by its own numbers.
But some of us feel that the S & P rating reflected the politics of an elephant in the room–rampaging after a President of Kansas and Kenyan descent who is constantly sniped at from the safari chairs of corporate safe houses. That unspoken agenda played as big a role as the wrong numbers and evaluation inconsistencies of a ratings fiasco which is the talk of the town.
So politics buries sound economic practice. After all, many think, if we voted for Barack Obama, we deserve all the hurt we can endure, and the blame for the pain. Denied as all abuse is, that thinking influences the GOP’s blind ecomonic passions. 
Black History 360* 