This first part came from the website www.nationalreview.com of Andrew C. McCarthy
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 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.
Here is what President Obama said about the debt limit in a recent press conference when asked by Marc Ambinder.
THE PRESIDENT: Look, here’s my expectation — and I’ll take John Boehner at his word — that nobody, Democrat or Republican, is willing to see the full faith and credit of the United States government collapse, that that would not be a good thing to happen. And so I think that there will be significant discussions about the debt limit vote. That’s something that nobody ever likes to vote on. But once John Boehner is sworn in as Speaker, then he’s going to have responsibilities to govern. You can’t just stand on the sidelines and be a bomb thrower.
And so my expectation is, is that we will have tough negotiations around the budget, but that ultimately we can arrive at a position that is keeping the government open, keeping Social Security checks going out, keeping veterans services being provided, but at the same time is prudent when it comes to taxpayer dollars.
It is amazing what five years will do and becoming President. Can you believe that Senator Obama had the audacity to cite that “the buck stops here.” Congress was looking to raise the debt limit to 9 trillion and we are now at 14 trillion. He is correct that “America has a debt problem” and he is also right the “a failure of leadership, Americans deserve better.” Little did he know that he would be talking about his own Presidency. We do have a debt problem and programs like Obamacare are going to add additional debt. President Obama says “You can’t just stand on the sidelines and be a bomb thrower.”
Sounds like that is what he was doing five years ago. He did not seem to care about Social Security checks or veteran’s benefits five years ago and now he is all concerned.
And yes we do deserve better Mr. President. We just hope that in two more years we can solve that problem too.