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On Sun, 31 Jul 2011 09:34:10 -0400, John H
wrote: 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. Barack Hussein Obama on the Debt Limit, 16 March 2006 Except that there are symbolic votes taken all the time in Congress. His was a symbolic vote, not one that would destroy the US economy. This is a 100% manufactured crisis by the Republicans, specifically the teabaggers. The debt ceiling is about paying the bills we already owe. This is completely separate from incurring new bills. |
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