This says it all….
“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure,” he said. “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. … 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 and a failure of leadership. Americans deserve better. I therefore intend to oppose the effort to increase America’s debt limit.” – Senator Barack Hussein Obama 2006
Oh, that’s right he is now pResident.
By his own words, he has marked his pResidency a failure. He has marked his leadership a failure. He alone has shifted $6 trillion in debt to our children and grand-children. He certainly has not led on the debt issue. He has not lead on deficit reduction. He just issues smug threats while generating fear amongst our citizens, especially the elderly – threatening them with non-payment of their Social Security. He has not issued a budget, nor has Harry Reid passed a budget in almost four years.
Just more of the same…. while Democrats are out of power they make grandiose speeches against debt, deficits and irresponsible spending. They regain power and everything they have said before is long forgotten.
UPDATE, by Mark Noonan: From Instapundit:
READER DENNIS MULCARE WRITES: “Perhaps, if you can encourage your readers to have their young children write Obama about their angst regarding the national debt, he will publish 23 ways to address federal spending.”