Obviously a lot of people.
So, first things first—this from The Hill:
The Senate must move legislation to raise the federal debt limit beyond $12.1 trillion by mid-October, a move viewed as necessary despite protests about the record levels of red ink.
The move will highlight the nation’s record debt, which has been central to Republican attacks against Democratic congressional leaders and President Barack Obama. The year’s deficit is expected to hit a record $1.6 trillion.
President Obama is the ideological leader of those who have power in our government right now; that is something that could never be said of George W. Bush, he may have been the "standard bearer" of the Republican party and he was definitely a leader as commander in chief, but unlike Obama, he did not share the same political ideology as his party's base.
So with that in mind, who are we to point the finger at for this continued financial nightmare. A simple and basic understanding of our government tells us that the Congress creates the spending bills that become the laws dictating the expenditures of our Federal Government.
Again from The Hill:
Democrats in control of Congress, including then-Sen. Obama (Ill.), blasted President George W. Bush for failing to contain spending when he oversaw increased deficits and raised the debt ceiling.
“Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren,” Obama said in a 2006 floor speech that preceded a Senate vote to extend the debt limit. “America has a debt problem and a failure of leadership.”
Obama later joined his Democratic colleagues in voting en bloc against raising the debt increase.
Now Obama is asking Congress to raise the debt ceiling, something lawmakers are almost certain to do despite misgivings about the federal debt. The ceiling already has been hiked three times in the past two years, and the House took action earlier this year to raise the ceiling to $13 trillion.
The problem is the democrats have been in control of both houses of Congress for the last two and a half years. The spending bills that have pushed the federal debt limit higher have come from them. Sure Bush signed them into law, but all too soon forgotten are the great debates that took place over spending on the war, which was indeed the top priority for President Bush. All the rhetoric about "shifting the burden of bad choices today onto the backs of our children and grandchildren" was political posturing for the 2008 election, and it was done with malice toward the choice to liberate the people's of Iraq and Afghanistan.
When out of control domestic spending is the principle cause of the debt like it is now, democrats are all in favor, and republicans are eerily silent. So the pattern that we see is this: military and defense spending - bad, domestic social programs and welfare - good. Republican President desires debt ceiling to be raised because Congress won't balance a budget - President is bad. Democrat President calling for increase of the debt ceiling - President is good.
Because of the ongoing struggle for power the actions of politicians must always be second guessed, especially when we have the most disingenuous group of Marxist ideologues this country has ever seen working around the clock to destroy the fundamental traditions and principles of our great nation.
The debt limit should not be raised! We need to rally together and demand that our representatives and senators start putting together proposals that will address the massive deficits and out of control spending at the federal level(and state for that matter, but one battle at a time). We can have little hope of this current Congress and Administration doing anything of the sort, but fortunately the mid-term election is only 14 long months away. Plenty of time to expose these ignorant power-hungry elites for what they really are. And yes Mr. President, we are watching you, very closely. Go soak up all the visits to Martha's Vinyard you can because 52.9% will be much harder to come by in three years!
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