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Obama chides GOP on debt limit: 'We are not a deadbeat nation'

That was a different time. Why is it so difficult to understand?

A different time? It was 6 years ago. What you really meant is "that was a different President."
 
Do you mean like Obama will just say anything too?

(2) Based on his new rhetorical framing device, Obama himself voted for American "deadbeat" status as a freshman Senator in 2006. And I quote:

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.

Republicans have been calling for a restoration of normal order for years. It's Democrats in the Senate who have refused to even introduce a budget for nearly four years, leading to one countdown cliff after another. If the president truly wants this appalling ad hoc governance to end, he ought to have a terse conversation with Harry Reid and Patty Murray, not lecture Republicans

Obama is now resurrecting these revenues (which caused liberals some convenient amnesia just a few weeks ago). Republicans should hold firm that these potential revenues -- which would come through closing loopholes and eliminating deductions -- will only be placed back on the table if they're part of a broader tax reform package that includes lowering rates across the board. It's also worth mentioning that Congress and the president authorized a $2.1 trillion debt ceiling hike just 17 months ago. We've already blown through all of it, but playing a little political hardball to stem the insanity is somehow the height of irresponsibility. It's going to be a long four weeks years

UPDATE - Right on cue, the White House has informed the House Budget Committee that the president will not produce his FY 2014 budget on time. Obama has missed 80 percent of his statutory budget deadlines......snip~

Obama: "We Are Not a Deadbeat Nation" - Guy Benson

rolleyes.png


If some House Republicans want to make a symbolic gesture like Obama did as Senator that is OK with me. Just as long as there are enough votes to pass the measure as happened when Obama voted no.
Republicans only call for deficit reduction when they are not in power. All Republican administrations have increased the deficit and the debt. In fact $12 trillion of our current debt is from GOP leadership.
President Clinton is the only modern President to balance the budget although our debt did go up from the interest on Reagans contribution.

Reagan-Bush-National-Debt.png
 
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there was nothing about doing anything unconstitutional (except in the minds of 2nd amend bed-wetters)

Yeah and that's not what you stated as evidenced.....

Quote Originally Posted by sangha View Post

Maybe because he didn't say anything like that (except in the minds of 2nd amend bed-wetters).....snip~

Anytime Presidents what to start throwing EP round domestically always needs to be watched.
rolleyes.png
 
The quote was contained in the very post you quoted, in which a Republican House Chairwoman stated that a shutdown of the federal government is on the table as a viable strategy.

Nope, a shutdown of the federal government would render us unable to fulfill a portion of our debt obligations.

Please, what portion of the debt obligations would that make us unable to fulfill? Because I don't recall us being unable to fulfill our debt obligations in 1994 when we shut down the government. Could you indicate which portions you're speaking of?
 
That was a different time. Why is it so difficult to understand?

So during this time it's NOT a sign that the U.S. Government can't pay it's own bills? This time it's NOT a sign we now depend on ongoing financial assistance from foreign countries? Increasing our debt won't weaken us domestically and internationally this time? Leadership no longer means "the buck stops here"? This time it wouldn't be shifting the burden of the choice onto the backs of our children and grand children?

What of those things would not apply this time if you felt they applied in 2006...and specifically, why?
 
Yeah and that's not what you stated as evidenced.....

Quote Originally Posted by sangha View Post

Maybe because he didn't say anything like that (except in the minds of 2nd amend bed-wetters).....snip~

Anytime Presidents what to start throwing EP round domestically always needs to be watched.
rolleyes.png

And I was right. he didn't say anything like that (except in the minds of 2nd amend bed-wetters).
 
A different time? It was 6 years ago. What you really meant is "that was a different President."

Did the Democarats hold Bush hostage by refusing to raise the limit if he didn't cut the budget? No. End of discussion.
There is nothing wrong with a symbolic gesture as long as the leadership is sure to have enough votes to raise the limit. That is not the case now. It's a different time.
 
Who said that? Obama wants to reduce the deficit further with budget cuts and revenue from tax reform. That has nothing to do with paying the bills though.

Yeah you may like to believe that, but that is how it never works. Budget cuts=budget increases somewhere else which is why we are at our debt ceiling. Ryan's 2040 balanced budget plan was crap and so is everything else that is coming out of Washington.
 
there was nothing about doing anything unconstitutional (except in the minds of 2nd amend bed-wetters)
Sorry most of us knows what the 2nd amendment means (except the anti-2nd amendment facist totalitarian left wingers). So we arent falling for your crap
 
So during this time it's NOT a sign that the U.S. Government can't pay it's own bills? This time it's NOT a sign we now depend on ongoing financial assistance from foreign countries? Increasing our debt won't weaken us domestically and internationally this time? Leadership no longer means "the buck stops here"? This time it wouldn't be shifting the burden of the choice onto the backs of our children and grand children?

What of those things would not apply this time if you felt they applied in 2006...and specifically, why?

What is different is the threat of default, a dangerous game that puts the entire worlds economy in jeopardy and will increase what we owe.
There was NO threat of default because Obama said that Bush's deficits were horrible, Which they were.
If you can't see that that is different, then you are blind.
 

I especially like this gem from your link:

Democratic Sen. Evan Bayh agreed. “There are rare moments of leverage in this institution where you can implement fundamental change,” he said. “This is one of those moments, we must seize it.”

Seems quite pertinent in the current environment…
 
What is different is the threat of default, a dangerous game that puts the entire worlds economy in jeopardy and will increase what we owe.
There was NO threat of default because Obama said that Bush's deficits were horrible, Which they were.
If you can't see that that is different, then you are blind.

not really. projects can be pushed back or delayed. Government workers can be laid off. The government shut down saved us money.
 
If some House Republicans want to make a symbolic gesture like Obama did as Senator that is OK with me. Just as long as there are enough votes to pass the measure as happened when Obama voted no.
Republicans only call for deficit reduction when they are not in power. All Republican administrations have increased the deficit and the debt. In fact $12 trillion of our current debt is from GOP leadership.
President Clinton is the only modern President to balance the budget although our debt did go up from the interest on Reagans contribution.

Reagan-Bush-National-Debt.png

You keep pasting this laughably debunked graph all over the forums. It looks like you drew on it with crayons. It's embarrassing.

Bill Clinton borrowed money from SS and stuffed it with IOUs to pay down PUBLIC DEBT. There was still a NET GAIN to national debt over the course of his Presidency and we were in a recession when he left office.

Improper Payment Progress | The White House

Obama's "Government" is already admitting they are wasting 125B a year. Why should we give them more money again when they are already taking in 2+T a year as it is right now?

Now, because many of the targeted programs - such as Unemployment Insurance and Medicaid - are paying out more benefits as the economic downturn creates more demand for these benefits, the total number paid out in improper payments increased to $125 billion last fiscal year even though the overall error rate declined. This is an unfortunate result of the recession and of basic math: the more that is paid out, the more paid out in error even if the overall rate declines.
 
That was a different time. Why is it so difficult to understand?

Your lame talking point has already been debunked

Go search Daily Kos for another
 
No, I believe that the republicans will fold yet again

But I might be underestimating the stupidity of republicans. That's not hard to do

Like the Democrats did as you so gleefully pointed out about 10 minutes ago?
 
Please, what portion of the debt obligations would that make us unable to fulfill?
Those decisions would ultimately lie with the Treasury. Ultimately, once key assets were likely auctioned off, debt obligations that exceed immediate tax revenue would go unfulfilled absent a increase in debt authority.
 
No, I believe that the republicans will fold yet again

Yeah, you're right just as I believe the President will fold as well...again.

But I might be underestimating the stupidity of republicans. That's not hard to do

If you change the above 'republicans' to 'politicians' you would be quite right...it is getting quite nauseating!
 
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