Tuesday, January 15th, 2013 at 11:16am

The Debt Ceiling Debacle

Posted by Matt

Our President just got through speaking to American people saying that to not raise the debt limit would make us a “DEADBEAT country” because we are just trying to pay off those that we said we would pay. I wonder why he has changed his tune on this since 2006:

Here are Obama’s thoughts on the debt limit in 2006, when he voted against increasing the 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. … 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 are my thoughts on this issue:

True: we have incurred some expenses and we should pay them

False: If we don’t raise the debt limit our credit rating will fall. If we don’t raise it, or raise it with spending cuts to show that we are a responsible borrower, our credit rating might actually return back to what it was before “THAT GUY” was elected and ran up so much debt that our financial outlook is in question.

The government actually takes about 86% of what it needs from us in taxes, and if they lived within the allowance we are forced to give them, there wouldn’t be an issue.

Maybe if the Senate actually passed a budget, we wouldn’t have to run around with our hair on fire yelling the sky is falling.

When I don’t have enough money to pay my bills (lost about $700 per month net due to economy) I look for ways to cut my expenses, as I’m sure you do or would do also.I changed some of the recurring monthly plans to lower plans to save money every month. I CUT SPENDING so I can pay the obligations I already have! Its your money so you budget it and spend it wisely. Why should the clowns we elected not be held to the same expectation that we place on ourselves?

It all comes down to world view:

LIBERALS: think we can spend our way out of debt. That would be like me going out and buying a new car with a loan when my current car is paid off and then saying “I want a new car because other people have new cars and this will improve my balance sheet and I’ll be able to meet my obligations” B U L L S H T!

CONSERVATIVES: in order to pay the obligations we have, we need to cut our expenses (just as the american people and businesses are having to do) and if we need to raise the debt ceiling to meet past obligations, then lets offset that increase with corresponding cuts to zero out the impact on the national debt. Not such a hard concept to understand.
And please don’t tell me about what happened under BUSH.. he was not a conservative, he was a big government republican.

My job is to answer phones when customers call in… so if I was a senator, I would just sit there and let the phone ring and never answer because I felt like it. (ie: as required by law.. submit a budget every year!). What are we paying them for? Am I the only one that is pissed off by paying for services that aren’t being rendered? If this doesn’t bother you , please order some embroidery and pay for it and I’ll just disregard making it and sending it to you. Would you keep paying me?

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