As the president becomes increasingly exercised over the possibility that the debt ceiling will not be raised, a number of commentators on the right have reminded him of his own thoughts on raising the debt limit in 2006, when he told Congress:
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.
Benny - should I believe the Obama of 2006 or the Obama of 2011?
