Downgraded, our credit rating
Downgraded, it's so frustrating
Downgraded

Congress likes to live it up
Deficits keep going up
The stimulus, it didn't work
Spending like a total jerk
No, we can't preserve it
Oh no, we don't deserve it
So say Standard and Poor's
It's no longer triple-A
The news is bad for mine and yours

Downgraded, our credit rating
Downgraded, it's so frustrating
Downgraded

Obama said it's Bush's fault
And he said we would default
He did inherit Bush's score
Then gave us four trillion more
Oh, we raised the ceiling
Oh, stock market's reeling
It's the worst of our fears
'Cause it's now the first time that
It's happened in a hundred years

[instrumental]

Downgraded, our credit rating
Downgraded, it's so frustrating
Downgraded

Tea Party hobbits, get this
Now they say you're terrorists
Obama tells us, he decrees
Everyone, go eat your peas
Oh, they wanna blame you
Oh, they will defame you
But we should thank Barrack
Now we've got a Satan sand-
Wich and it's gonna bite us back

Downgraded, our credit rating
Downgraded, it's so frustrating
Downgraded
Downgraded