NEWS FLASH

After Welcoming The Downgrade, Fox Anchors Now Pin Downgrade On Obama | This weekend, Standard & Poor’s credit rating agency downgraded the U.S. for the first time in history, repeatedly citing the GOP’s intransigence on taxes as a root cause. Attempting to stave off the “Tea Party downgrade” label, the Washington Monthly’s Steve Benen notes that Fox News anchors like Eric Bolling are quickly pinning the downgrade to President Obama and his “Obamanomics.” But, last month, Fox News anchors like Neil Cavuto and John Stossel viewed the downgrade in a different light. “I would welcome the downgrade. I really would,” Cavuto said. “I think it would be the pain from which we have a gain.” After being told that the downgrade is advantageous, Fox viewers are now being told that its economic doom at the hands of Obama. As Benen puts it, all we find in this political whiplash is “a good reason Fox viewers seem so confused so often.”