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Are Tories in denial about Britain losing it's triple AAA mark?

How else can you explain this?

It would be comic if the consequences weren't so grim. There is no economic failure, it turns out, which cannot be hailed by George Osborne as a vindication of the policies that brought it about. Faced with the decision by the credit agency Moody's to scrap Britain's AAA rating, the chancellor declared it was yet another reason to stick to austerity – and the "clearest possible warning" to anyone who might think of breaking with it.

http://m.guardian.co.uk/commentisfree/2013/feb/26/...

Update:

Thank you for that totally useless tid-bit, I am referring to Tories.

4 Answers

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  • ?
    Lv 4
    8 years ago
    Favorite Answer

    It is typical of this govt to claim they are right even when they are wrong The conservatives have a clue in their name the first 3 letters of their name spells CON once again they try to baffle us with their gibberish financial reasons Well it wont work because they did say they will be able to keep the triple AAArating . but now say the austerity will continue What a farce, because it is working i ask you for who?

  • 8 years ago

    Do you know who owns Moody's and Standard & Poor's? The banks. So the Tories are right that these ratings are bogus. They are only used to manipulate the markets.

  • Anonymous
    8 years ago

    I found it interesting when that happened to America it was ''oh happy days'' in the unsinkable museum ''you going down'' but now that the shoe is on the other foot not a word

  • Anonymous
    8 years ago

    wake up and smell the immigration.

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