The downgrade itself no. The potential effects of it increase his chances of winning a landslide while having 10% approval. But hopefully it will have no effect but ending S&P's credibility.
If anything, it was inevitable if S&P hopes to retain any credibility.
I don't think it has much effect - but I agree with Verily here, the S&P downgrade is because of the impact of the ridiculous GOP demands which made no economic sense.
No, because the President gave in to ridiculous demands. Let's not forget that.
Agreed
You have it backward. The increasingly likely Obama recession could lead to something looking like Jimmy Carter's re-election results. This is but a symptom that the county needs a change and Obamanomics wasn't it.
It is not a question of the county being in bad shape in 2012; it is a question of the county being in worse shape than it was in 2008.
I've caught myself thinking it may be costing the entire world very, very dearly that the 2010 US Presidential Election was held two years too soon.