The 2012 Republican presidential contenders contain roundly criticized President Barack Obama for economic policies they contend helped make the downgrade of U.S. credit by a major ratings agency but they've offered little of their own ideas to ease the current crisis, and analysts warn they could risk a backlash beginning voters frightened by the market turbulence and weary of partisan finger-pointing.
"Americans are exhausted with Washington's blame game and are craving any person who can provide legitimate answers on a pathway on getting out of this mess," Republican strategist Ron Bonjean said, "The Republican who can rise higher than and provide a platform of answers, a blueprint — that will set them apart beginning the rest of the pack."
The Dow plunged 634 points, or 5.5 percent, Monday behind Standard & Poor's announcement late Friday that it have downgraded U.S. credit from AAA to AA+, Obama stepped before cameras through the market sell-off Monday, pledging to work with a bipartisan committee of lawmakers to seek further deficit decrease and to develop policies to reduce the stubbornly high 9.1 percent unemployment rate.
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