If Only Obama Would Listen To Himself
Washington is set to raise the debt ceiling, again, pushing this country even deeper into a sea of red ink. Was it only three years ago that Democrats were citing this as proof of George W. Bush's failure? Yes, it was:
“Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren,” Obama said in a 2006 floor speech that preceded a Senate vote to extend the debt limit. “America has a debt problem and a failure of leadership.”Maybe it's just me but I don't think going even further into debt was the change people voted for in 2008.
Obama later joined his Democratic colleagues in voting en bloc against raising the debt increase.
Now Obama is asking Congress to raise the debt ceiling, something lawmakers are almost certain to do despite misgivings about the federal debt. The ceiling already has been hiked three times in the past two years, and the House took action earlier this year to raise the ceiling to $13 trillion.