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native wrote:From the National Review and numerous other sources:

"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 US Government can
not 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 debt 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 debt
problem and a failure of leadership. Americans deserve better."

-- Senator Barack H. Obama, March 2006



Finding Obama hypocrisy is now so easy to do it's sad.'

BTW, the debt ceiling was raised 18 times under Reagan's "leadership" and 7 times under Bush's.

http://www.nationalreview.com/corner/25 ... ina-trinko" onclick="window.open(this.href);return false;

kalm wrote:

native wrote:From the National Review and numerous other sources:

"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 US Government can
not 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 debt 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 debt
problem and a failure of leadership. Americans deserve better."

-- Senator Barack H. Obama, March 2006



Finding Obama hypocrisy is now so easy to do it's sad.'

BTW, the debt ceiling was raised 18 times under Reagan's "leadership" and 7 times under Bush's.

http://www.nationalreview.com/corner/25 ... ina-trinko" onclick="window.open(this.href);return false;

native wrote:

kalm wrote:

The daily increase in national debt - DAILY - was about a half $billion under Clinton, a $billion and a half under GW, and MORE THAN FOUR $BILLION UNDER OBAMA.

native wrote: Reagan gets a pass

native wrote:From the National Review and numerous other sources:

"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 US Government can
not 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 debt 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 debt
problem and a failure of leadership. Americans deserve better."

-- Senator Barack H. Obama, March 2006

http://www.nationalreview.com/corner/25 ... ina-trinko" onclick="window.open(this.href);return false;

blueballs wrote:

native wrote:From the National Review and numerous other sources:

"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 US Government can
not 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 debt 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 debt
problem and a failure of leadership. Americans deserve better."

-- Senator Barack H. Obama, March 2006

http://www.nationalreview.com/corner/25 ... ina-trinko" onclick="window.open(this.href);return false;

I'm a pretty busy guy and don't follow the media nearly as close as I should but has anybody in the "elite" media- AP, CBS, NBC, ABC, NYT, WP, LAT, CNN- asked the President why only 5 years later he has completely flipped on this issue, and why his raising the deficit by more than double in a year and a half isn't reckless?

I think I know the answer but I'm posing the questions anyway...

native wrote:From the National Review and numerous other sources:

"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 US Government can
not 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 debt 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 debt
problem and a failure of leadership. Americans deserve better."

-- Senator Barack H. Obama, March 2006

http://www.nationalreview.com/corner/25 ... ina-trinko" onclick="window.open(this.href);return false;

Skjellyfetti wrote:Does this thread title wreak of entitlement to anyone?

Skjellyfetti wrote:Does this thread title wreak of entitlement to anyone?

native wrote:

kalm wrote:

The daily increase in national debt - DAILY - was about a half $billion under Clinton, a $billion and a half under GW, and MORE THAN FOUR $BILLION UNDER OBAMA.

Reagan gets a pass because he was dismantling the Evil Empire with only conditional (i.e., spending) help from Congressional Democrats.

UNHWildCats wrote:

native wrote:
The daily increase in national debt - DAILY - was about a half $billion under Clinton, a $billion and a half under GW, and MORE THAN FOUR $BILLION UNDER OBAMA.

Reagan gets a pass because he was dismantling the Evil Empire with only conditional (i.e., spending) help from Congressional Democrats.

Total debt limit increases by past 3 Presidents

Clinton $1.805 Trillion
Bush II $5.365 Trillion
Obama $2.979 Trillion

Obviously Obama's number will increase once the latest increase goes through.

Bronco wrote:

UNHWildCats wrote:
Total debt limit increases by past 3 Presidents

Clinton $1.805 Trillion
Bush II $5.365 Trillion
Obama $2.979 Trillion

Obviously Obama's number will increase once the latest increase goes through.

(CNSNews.com) - In the 1,461 days that Rep. Nancy Pelosi (D.-Calif.) served as speaker of the House, the national debt increased by a total of $5.343 trillion ($5,343,452,800,321.37) or $3.66 billion per day ($3.657,394,113.84), according to official debt numbers published by the U.S. Treasury.

Pelosi was the 52nd speaker of the House. During her tenure, she amassed more debt than the first 49 speakers combined.

native wrote:The daily increase in national debt - DAILY - was about a half $billion under Clinton, a $billion and a half under GW, and MORE THAN FOUR $BILLION UNDER OBAMA.

Reagan gets a pass because he was dismantling the Evil Empire with only conditional (i.e., spending) help from Congressional Democrats.

TheDancinMonarch wrote:Trying to justify O'Bamas bad behavior, raising the debt ceiling, by saying that Bush and Reagan did the same, only ensures that we will get more bad behavior in the future. What Bush and Reagan did, with the help of enabling Congresses is now beyond our control. We live here today and it is time to stop the madness. We cannot tax our way out of this. If we liquidated Buffett, Gates, Walton and Ellison we could cover the deficit, and just the deficit, for about 40 days. They are the richest Americans. So how does "taxing millonaires and billionaires" work? We will run out of them pretty quick. ENOUGH IS ENOUGH!! STOP THE MADNESS!!!

Obama has a right to be annoyed. As he said, "I have been left at the altar now a couple of times. The Republican Party is going to have to ask themselves, can they say yes to anything?"

The answer to that is obviously no, if what House Republicans are being asked to agree to includes any semblance of a compromise with Democrats. Let's be clear here -- the Cut, Cap & Balance bill is not a compromise. It is far more extreme than the Paul Ryan budget, which proved to be hugely unpopular with the general public. It would force massive cuts in government programs that are enduringly popular. Enacting it would turn into a sure political disaster for the Republican Party.

John Boehner has been around the block. He has to know that. But what has been established beyond all doubt in the last two weeks is that Boehner cannot deliver his caucus. After Obama finished speaking, Boehner addressed the nation and repeated the boilerplate from his letter: "The White House won't get serious. We will." But to anyone who has followed the ins and outs of the last few weeks of negotiation, his stance is nonsense. The truth is that Boehner simply cannot make a deal. His caucus forbids it. Compromise with Obama would mean the end of his political career.

What's all the more amazing about this denouement is that Boehner's decision to bail on negotiations gave Obama an opportunity to deliver the kind of defense of the social welfare state that his supporters have been hungering for. He worked himself practically into a lather as he explained why Democrats were insisting that some revenues be part of any deal.

"If you do not have any revenues, if you have no revenues at all, what that means is more of a burden on seniors, more drastic cuts to education, more drastic cuts to research, bigger cuts to services for the middle class. It doesn't ask anything of corporate jet owners, oil and gas companies, and people like me, who've done very well." Republicans, he said, were demanding "a package that would effectively require massive cuts to Social Security, Medicare, and domestic spending, while not asking anything from the wealthiest of this country."

"If that's their only answer it's going to be pretty difficult to figure out where to go."

BlueHen86 wrote:American's DON'T deserve better should have been one of the voting options.

We enable our politians to perform poorly because we don't hold them accountable. Dems blame Bush for everything, Reps blame Obama (and sometimes Clinton).

The government spends money that it doesn't have because the politicians in office at the time can just pass the debt down to future office holders. The voters seem okay with this as well since the debt will likely become the problem of future generations. We (the American people) should insist on a balanced budget, and we should all be prepared to make some sacrifices along the way. That means cutting spending (everything must be on the table) and possibly raising taxes if needed.