On March 16 2006, Senator Barack Obama gave a lengthy speech regarding the raising of the national debt limit. He and his party were against the increase, which was passed even though they voted against it. During his speech, which outlined why he was against raising the limit he said:
“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 cannot 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.”
On becoming the President it seems he had a change of heart. White House spokesman Jay Carney said in April 2011:
“He realizes now, that raising the debt ceiling is so important to the health of this economy and the global economy that it is not a vote that, even when you are protesting an administration’s policies, you can play around with.”
Okayeee…but what about the comments he made regarding the Bush administration?:
“The problem is that the way Bush has done it in the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion from the first 42 presidents. No. 43 added $4 trillion by his lonesome. So we now have over $9 trillion of debt that we are going to have to pay back. $30,000 for every man woman and child. That’s irresponsible, that’s unpatriotic.”
Odd that a Senator calls his President unpatriotic for running up a large debt yet when he becomes President he fails to return the salute of servicemen and women and does not always pledge allegiance to the flag.
So, moving on. Since taking office in 2009 Obama has added 7 trillion dollars to the national debt. This has increased the burden on each American citizen to $52,909. $52,909 for every man, woman and child in the United States as of September 3rd 2013.
So since being sworn in as President on January 20th 2009, just four years and nine months ago, the Obama administration has added $22,909 to the debt burden of every person in the United States.
Regardless of how he feels now he is President I still bet he wishes he hadn’t said it.
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Contributed by Chris Carrington of The Daily Sheeple.
Chris Carrington is a writer, researcher and lecturer with a background in science, technology and environmental studies. Chris is an editor for The Daily Sheeple. Wake the flock up!