The Unpredictable Downgrade of US Debt

Fitch downgrades U.S. credit rating to 'junk' John Avlon: It's the most predictable, slow rolling crisis we could possibly face. The fact that many economists think that we're not facing an imminent recession is exactly the time to talk about this, he says. Avlon: I don't expect that this will suddenly get people to pay attention to entitlements and entitlement reform.