We are five days away from fundamentally transforming the United States of America. -- Barrack Obama, 30 Oct 2008, University of Missouri in Columbia, Missourithe national debt limit has been raised seven times. Seven times!
Congress and the putative current president have added over $43,000 in debt for every American household in just the last four years.
Now, because of the voter's insatiable desire for "free" stuff and unconstitutional big-government programs and the politician's insatiable desire to control your life with wild spending, the debt limit deadline is looming again.
The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. -- Barrack Obama, 16 Mar 2006, speech on the floor of the US SenateGotta agree with him on that one. But, that was then -- before he moved into the Whitehouse. What does he say about leadership on the debt now?
Now, this debt ceiling — I just want to remind people in case you haven't been keeping up — raising the debt ceiling, which has been done over a hundred times, does not increase our debt; it does not somehow promote profligacy. All it does is it says you got to pay the bills that you've already racked up, Congress. It's a basic function of making sure that the full faith and credit of the United States is preserved. -- Barrack Obama, 21 Sep 2013, speech at the Business Roundtable headquarters in DCHuh?
Instead of pursuing significant spending cuts (elimination of unconstitutional government programs and agencies) and entitlement ("free" stuff) reforms the nation desperately needs, members of Congress are proposing to suspend (AKA ignore) the debt ceiling for more than a year. That would add an estimated $1.1 trillion to the debt -- another $8,800 per household to the $43,000 per household that was added over the last four years.
Is that the "fundamental transformation" you "hope and change" voters voted for? You may not think so, but yes, it is.
What happened the last time Congress raised the debt ceiling? Did they accomplish any meaningful spending cuts before increasing the debt limit? No.
Congress and the Whitehouse are reckless and out of control. The have been for decades. That recklessness is what a majority of us vote for every two years. This cannot go on!
People look at me and say, "What are you talking about, Joe? You're telling me we've got to go spend money to keep from going bankrupt?" The answer is, "Yes, I'm telling ya." - Joe Biden, US Vice President and economic idiot (No wonder we're in such trouble!)We need smarter voters.