You remember what Obama said about raising the debt limit back when a Republican was president? What's changed?
Good Lord, do you really think what he's trying to do right now really has anything to do with the debt limit? The only thing in the mind of the Democratic Party right now is 2012. The only thing. This is the old Democratic "I will gladly cut spending on Tuesday for a tax increase today" gag. How did it work out for Republicans the last few times they fell for it? That's why Obama is trying it again.
If the debt limit is that big a deal, then pass a quick, short-term increase with some balancing spending cuts so the heat is off and this can be debated properly. Put up or shut up. I know at least two reasons Obama really doesn't want that to happen and neither of them have anything to do with the economy.
As for the article, the debt ceiling we're banging up against (according to the article) is currently at $14.3 trillion. The most recent U.S. GDP number (2010) was $14.6 trillion. I'm having a hard time getting that to come out as "an affordable 65 percent."
You're essentially reading a Democratic press release. This is exactly what they're trying to sell. "Do what the Democrats want or the Republicans are going to kill us all."
Current Events » in reply to Re: Let's Make a Deal
Re: Let's Make a Deal
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- Let's Make a Deal