August 5, 2011 8:36PM 

# U.S. Credit Rating Downgraded by S&P 

By [Caleb O. Brown](https://www.cato.org/people/caleb-o-brown) 

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… which makes this video out of date by about 20 minutes, but it’s instructive nonetheless.

##### Related Tags 

[General](https://www.cato.org/general), [Government and Politics](https://www.cato.org/government-politics) 

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