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Raising America’s Debt Limit Is A Sign Of Leadership Failure

Posted by | July 21st, 2011

“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.”

– Senator Barack Obama (2006)

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3 thoughts on “Raising America’s Debt Limit Is A Sign Of Leadership Failure

  1. markross Post author

    Barack Obama, in 2008, speaking about how raising our debt ceiling is “unpatriotic.” I totally agree with “his words.” Too bad, he is a total hypocrite!

  2. markross Post author

    “I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government; I mean an additional article taking from the Federal Government the power of borrowing.” – Thomas Jefferson


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