More Downgrade Analogies
A little humor for everyone, as you watch your job prospects or retirement portfolio melt away. At USAToday, Mike Lopresti has some fun with the mighty that have fallen, like America’s credit rating, from their accustomed perch atop the standings. S&P’s language is liberally basted upon Tiger Woods, Ohio State, the Dallas Cowboys, and various other downgrade candidates in the sports world: What would Standard and Poor’s downgrade be like in sports?
At Seeking Alpha, John Mason pens a somewhat more serious analogy: “If the economy is a football game, we need new strategies.” The downgrade may have been “a bad call” but DC’s policy decisions made the unthinkable a real possibility. So it’s time to change the signal callers. Throw the bums out!