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Posts Tagged ‘Weak’


S&P downgrades Spain by one notch on weak growth

MADRID (Reuters) – Standard and Poor’s cut Spain’s credit rating on Friday, sending the euro lower and underlining the challenges facing Europe’s big powers as they prepare to meet G20 counterparts over the euro-zone debt crisis. S&P, whose move mirrored that by fellow ratings agency Fitch last week, cited high unemployment, tightening credit and high [...]

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War on the Weak

In this week’s Newsweek, Jonathan Chait looks at how the GOP came to view the poor as parasites-and the rich as our rightful rulers. Last week the Republican Party sounded two distinct voices. First we heard the angry demands of the Tea Party,…

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