Those stupid people over at Standard & Poor’s. Clearly they have no idea what they’re talking about, downgrading the clearly-stable United States like they did. Totally irresponsible and reckless.

Wait. What’s that? Moody’s may do the same thing in the near future? Ah, okay, I see.

(Reuters) – Ratings agency Moody’s repeated a warning on Monday it could downgrade the United States before 2013 if the fiscal or economic outlook weakens significantly, but said it saw the potential for a new debt agreement in Washington to cut the budget deficit before then.

With U.S. markets still to open after rival Standard & Poor’s stripped the United States of its AAA rating late on Friday, Moody’s said in a statement its own decision to affirm the AAA rating on August 2 was on the condition that further cuts were found.

“For the Aaa rating to remain in place, we would look for further measures that would result in the ratio of federal government debt to GDP, for example, peaking not far above the projected 2012 level of near 75 percent by the middle of the decade and then declining over the longer term,” Moody’s analyst Steven Hess wrote in a report.

In short, America must cut more spending now or risk being downgraded by Moody’s, too. And then what would happen? Would Treasury Secretary Tim “Tax Cheat” Geithner blame Moody’s for reckless behavior, too? At a certain point it would appear that it’s not the ratings agencies but rather politicians in Washington acting recklessly.

Moody’s didn’t decline to downgrade the United States because we’re in fantastic shape. Moody’s is simply giving us a bit more time to fix our problems. Continue to ignore those problems and S&P won’t be the only ratings agency to downgrade our debt.