Remarks by President Obama on U.S. Downgrade by Standard & Poors; Helicopter Crash in Afghanistan

Washington, DC–(ENEWSPF)–August 8, 2011 – 1:52 P.M. EDT

THE PRESIDENT:  Good afternoon, everybody.  On Friday, we learned that the United States received a downgrade by one of the credit rating agencies — not so much because they doubt our ability to pay our debt if we make good decisions, but because after witnessing a month of wrangling over raising the debt ceiling, they doubted our political system’s ability to act.  The markets, on the other…