More Obama doublespeak: "Raising debt ceiling does not increase our debt"
The big-government leftists (in both parties) are at it again, doing everything they can to spend us into ever deeper and deeper holes of debt. Leading the charge, as usual, are the Democrats.
Obama announced today that raising the National Debt Ceiling does not increase our debt.
That's like saying that opening the fence gate does not let the horses out. Sure, for a second or two after opening the gate, the horses are still in there. It takes them about that long to find the open gate, and then they go thundering through, every time. And then we're facing vast work and effort to re-corral them, if it's possible at all.
But now our leader wants to tell us that opening the gate and leaving it that way is a perfectly OK thing to do.
Sounds like we need a new leader, wouldn't you say? One who recommends nailing the gate shut, for starters, and then who develops a program to train the horses not to run away.
Getting rid of the more lawless horses and getting some new ones who can control themselves, wouldn't be a bad idea either.
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http://cnsnews.com/mrctv-blog/craig-...gh-it-has-over
Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,' Though It Has 'Over 100 Times'
September 18, 2013 - 3:54 PM
by Craig Bannister
Raising the debt ceiling doesn't increase the nation's debt, Pres. Obama declared in a speech today.
In a speech at the Business Roundtable headquarters in Washington, D.C., Obama dismissed concerns about raising the debt ceiling by noting that it'd been done so many times in the past:
"Now, this debt ceiling -- I just want to remind people in case you haven't been keeping up -- raising the debt ceiling, which has been done over a hundred times, does not increase our debt; it does not somehow promote profligacy. All it does is it says you got to pay the bills that you've already racked up, Congress. It's a basic function of making sure that the full faith and credit of the United States is preserved."
Obama went on to suggest that "the average person" mistakenly thinks that raising the debt ceiling means the U.S. is racking up more debt:
"It's always a tough vote because the average person thinks raising the debt ceiling must mean that we're running up our debt, so people don't like to vote on it, and, typically, there's some gamesmanship in terms of making the President's party shoulder the burden of raising the -- taking the vote."
But, isn't the fact that the U.S. has hit its debt ceiling "over a hundred times" - and, thus, has had to keep raising it - proof that raising the limit does, in fact, lead to increased debt?
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Originally Posted by Arbo
