“AMERICA DESERVES BETTER”
2006. Barack Obama is a U.S. Senator. When it became necessary to raise the debt ceiling due to Bush’s wild spending, this is what Senator Obama said, and I quote:
“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U. S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies…Increasing America’s deb t weakens us domestically and internationally. Leadership means that “the buck stops here.” Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a deb t problem and a failure of leadership. Americans deserve better.”
Well, he’s right that we deserve better.
But did you hear him today? He sure had a change of heart. Obama rejected any negotiations with Republicans over raising the borrowing limit of the U.S., also known as the “Debt Ceiling.” He also said the “Debt Limit has nothing to do with new spending.”
CBS News’ Major Garret nailed Obama on the subject today by asking him about his four negative “Debt Ceiling” votes when he was a Senator. In usual fashion Obama talked all around the subject, never addressing why he has conveniently changed his mind now that he has his hands on the checkbook. His main response was “We’re not a deadbeat nation.” Oh, no?
What do you call it when we are borrowing money just to pay the interest on our debt with no end in sight but we’re not willing to change any of our spending habits? What do you call it when our debt is projected to rise a million dollars each year for the next 10 years thanks to Obama’s spending? I call that Obamanomics.
Don’t expect anything different from Obama and Friends because they don’t get it. According to John Boehner, in no uncertain terms, President Obama told the Speaker, "We don't have a spending problem." And Boehner went further to say that our unqualified Commander in Chief thinks that almost all of our economic woes are the result of, "a healthcare problem."
Every day President Obama opens his uneducated mouth we learn about a statement that is more incredulous than the previous day. But this newest statement is astonishing. There are no words for such irrationality, foolishness and complete and absolute total lack of understanding of the financial plight of our nation. It is inconceivable to think that the man who runs the largest economy in the world, the man who was elected to a second term to arguably the most important job in the world, has so little understanding of the workings of the economic engine that runs America.
How, with any sane reasoning, can the President of The United States think that a $16 trillion debt (going to be $20 trillion by the time he’s done) did not come about by spending too much money? How can Barack Hussein Obama, knowing that every entitlement program we have is overburdened by debt, not think we have a spending problem?
He sure played it perfectly to his Useful Idiots. Can’t get a handle on the amount of debt? Here it is in a nutshell.
1 million seconds approx.: 11 days
1 billion seconds approx.. 3 years
1 trillion seconds approx..32,000 years
We are at $16 trillion making a beeline for $20 trillion. Figure It Out.
Wake up Americans: Obama is committed to sinking us.
Our Ancestor Said, “Give Me Liberty or Give Me Death!” I’ll take Liberty, thank you!