Geee Posted January 15, 2013 Share Posted January 15, 2013 Investors Business Daily: Debt Ceiling: The president now refuses to take responsibility for $5 trillion in deficits racked up in his first four years. That's a stretch even for him. How dumb does he think we are? We have to hand it to Barack Obama: He understands the power of repetition. People will believe all kinds of things if their president says it over and over. Such is his strategy for the coming fight with Republicans over raising the debt ceiling. Obama wants the public to believe huge deficits of recent years are all the work of Congress, and that Congress now must take responsibility for the mess it made. On Saturday, for instance, the White House declared that "there are only two options to deal with the debt limit: Congress can pay its bills or it can fail to act and put the nation into default." Obama returned to the theme at his Monday press conference: "Raising the debt ceiling does not authorize more spending, it simply allows the country to pay for spending that Congress has already committed to." In other words, I didn't load $5 trillion in future taxes on our children and grandchildren. Congress did it. Link to comment Share on other sites More sharing options...
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