“Many commonsense Americans like myself saw this day coming,” Sarah Palin says of the Standard & Poor’s downgrade of the U.S. credit rating and the fallout in the markets.
In what reads like an economic policy statement, the former Alaska governor and possible presidential candidate says she is “surprised that so many people seem surprised by S&P’s decision.”
“Weren’t people paying attention over the last year or so when we were getting warning after warning from various credit rating agencies that this was coming?” she said in a lengthy posting on her Facebook page.
Palin, who is still weighing whether to join the crowded race for the 2012 Republican presidential nomination, says she even sounded some of those warnings herself.
“Back in December 2010, I wrote: ‘If the European debt crisis teaches us anything, it’s that tomorrow always comes. Sooner or later, the markets will expect us to settle the bill for the enormous Obama-Pelosi-Reid spending binge.’ ”