The Debt Ceiling Flip-Flop

It would seem that President Obama has more political flip-flops than he wore on his recent Hawaii vacation.

From the Republican Policy Committee website we see where Obama stood on the debt ceiling in 2006.

March 20, 2006: This was the last stand-alone debt limit vote on which then-Senator Obama voted.  He was one of 48 members to vote against the increase, which passed with 52 votes.  He said: “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.”

Austan Goolsbee, the chairman of the Council of Economic Advisers, is saying that the United States has to raise the debt ceiling. He say’s that not raising it “is not a game”. It would be utterly catastrophic.

And that’s what he’s urging Congress to do. It would seem that President Obama agrees.

Or does he?

Flip-Flop
I think Obama had it right in 2006 by saying that raising the debt ceiling “is a sign of leadership failure” and it is used “to finance our Government’s reckless fiscal policies”. Obama said that “America has a debt problem and a failure of leadership.  Americans deserve better”. It must be all Bush’s fault.

Wait. This is Obama’s failed leadership. Obama’s debt problem. It was Obama that increased the debt more than $2 trillion in his first 421 days in office (and his Democrat controlled Congress).

Obama is right on one thing. He said “Leadership means that ‘the buck stops here”.

Great. Stop flip-flopping and Man-up. Cut the freakin’ deficit by cutting spending without raising taxes and DON’T raise the debt ceiling. Live by your words and what you believe…that is if you even know what you believe.

I really wonder what America was thinking they’d get with all the hope and change. All they got was Flip and Flop.

Again.