Obama defies risk agencies: “We will always be an AAA country”

August 8, 2011  |   Filed under: World  |   Posted by:

 

United States, August 8, 2011

 

President Barack Obama spoke to his people and defied the risk agencies. He said that the fight against budget deficit “doesn’t require any radical steps”.

“Markets will rise and fall, but this is United states of America. No matter what some agencies may say. We’ve always been and always will be a triple A country”, Obama said.

“What sets us apart is that we have always had the will to act…. We’re going to need to summon that spirit today”

The President announced that some policies to reduce the deficit will be “tax reform that will ask those who can afford it to pay their fair share” and “modest adjustments to entitlement programs like Medicare.”

“This doesn’t require any radical steps. (…) My hope is that Friday’s news will give us a renewed sense of urgency”, he finished”.

 

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