United States lost its status as a world-class reliable payerAccording to the classification of Standard & Poor’s (S & P). This decision comes after losses in the stock market, raising concerns of the world on global economic welfare.

By first time in historyThe rating agency S & P downgraded the value of U.S. credit, Expressing a lack of confidence in Washington’s ability to implement policies that focus on reforming the world’s largest economy.

The credit United States is now AA +, Just below the category of AAA originally received from Moody’s in 1917. S & P gave for the first time United States the category of triple A in 1941.
The drop in ranking comes less than a week after last-minute resolution concluded with a bitter political struggle over increase the debt ceiling of $ 14.3 billion (10 billion euros). Republicans and Democrats reached an agreement to cut $ 2.5 billion of expenses in exchange for increasing the ceiling of the current amount.

However, S & P said Washington would need to cut another 4 billion to harness your finances on track and that the system has polarized the U.S. reduced its ability to solve its economic problems.

“From the standpoint of fiscal policy, the process has weakened and become less predictable than it was, “Said David Beers, Leader of the S & P division responsible for reviewing the credit of the government news agency Reuters.

Meanwhile, the administration of Obama quickly refuted the S & P methodology, ensuring that the rating agency committed an error in calculations by 2 billion in advisory conducted degradation category.

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