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Business & Economics
Jane Johnson: The May 16 US credit rating downgrade met with little fanfare
78% Informative
Jane L. Johnson : May 16 reduction in US credit rating is the third since 2011 .
She says it doesn't mean the US government may default on its Treasury bond obligations or fail to make interest payments on that debt.
Ratings agencies lowered their ratings because of mounting federal debt and annual budget deficits.
Jane L. Johnson : Trump 's bete noire is the persistent US trade deficit, about which he has complained for years .
She says trade deficits provide them with trade surpluses, which they use to buy US federal government debt.
Johnson : Investors today are concerned that the US Treasury’s borrowing needs are projected to increase due to inexorably rising federal budget deficits.
VR Score
82
Informative language
87
Neutral language
55
Article tone
semi-formal
Language
English
Language complexity
60
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
10
Source diversity
8
Affiliate links
no affiliate links