Should we raise the debt ceiling?
“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.”
I wish I could say I had written that, but alas I cannot take credit for that statement. No that was said by someone a lot smarter than me. Someone with great credentials. Someone high on the national scene. Nope, I’m not talking about Jim Demint, I’m talking about our President, Barack Obama. This was in 2006 and he was explaining his vote against raising the debt ceiling. Now we flash forward 4 years, and the same person who voted against doing so then, is criticizing those who would vote against raising the debt ceiling today.
Personally I think it is time to take a stand on this issue, draw a line in the sand, and see where it goes. As Jim DeMint said a government shutdown isn’t something anyone wants, but “it’s not something we should be so afraid of that we’re willing to cave in to more debt.” He thinks Americans “expect us to fight more spending and more debt.” I could not agree more.
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