To hear Democrats, and particularly the President, tell it, we must raise the debt ceiling immediately and to do anything other than raise it $2.4 trillion no questions asked, is “dangerous”, “irresponsible”, “risky”, “playing with fire”, etc. Mr. Obama went so far as to pull out the old liberal stand-by, i.e., scare the old people, telling them Social Security checks may not go out if this isn’t done immediately.
Whoa, hold on a minute. Did the President of the United States just threaten citizens with taking away their own money? Haven’t we been told our whole lives that Social Security is a trust fund? You mean they can just not give our money back to us if they don’t want to? Hmmm, no conservative has ever warned you about that have they? Don’t worry, seniors, this is an idle threat. Social Security wouldn’t be the first, tenth or probably fiftieth thing cut if/when the government runs out of money. But the fact that he said it ought to really give America pause. That is if we were listening.
Back to the pending doom of not raising the debt ceiling. Interestingly, in 2006, all 45 Democratic Senators, including then Senator Obama, voted against raising the debt ceiling. The increase being discussed then was a paltry $780 billion, but today when raising it more than 3 times that amount is on the table, they would have you believe it is a mere formality and conservatives are being silly to hold it up. Heck, the President has gone so far as to say not raising it would be irresponsible. Really, Mr. President? Then what the hell were you and your cronies up to in 2006?
According to Democratic Senate Leader Harry Reid in 2006:
“Any objective analysis of our country’s fiscal history would have to conclude this administration and this rubber-stamping Republican Congress are the most fiscally irresponsible in the history of our country. In fact, no other president or Congress even comes close.”
Here’s more of his rhetoric from way back… ooops, just five years ago:
Oh Harry, what’s that expression about the pot calling the kettle black? So, in 2006 Republicans were being irresponsible for raising the debt ceiling $800 billion, and today they are being irresponsible for not raising it TWO point FOUR TRILLION! I guess Democrats got their John Kerry impersonation mixed up and they are for it after they were against it.
The country is fiscally doomed and this kind of “leadership” is exactly why.