QUOTE OF THE DECADE
"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 US Government can not 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 bucks stop 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."
Senator Barack H. Obama, March 2006--before voting against raising the debt limit.
What he said as senator was true then and it is still true today. The debt is the problem. And in the first term of his presidency Mr. Obama's administration will have created more debt than all the presidents before him combined.
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