S&P Upgrade of U.S.: More Proof the Ratings Agency Shouldn’t Play Politics
On Monday ratings giant Standard & Poor’s raised the U.S.’s credit outlook from “negative” to “stable.” That may sound a bit like the equivalent of Arrested Development’s Bluth Company going from “Triple Sell” to “Don’t Buy,” but in these troubled economic times, Americans should take what they can get. Thanks to a housing rebound, stock …