Raising the debt ceiling. What would Senator Donovan have done?
by Chuck Donovan
With the recent discussions about the dire need to increase our debt – or else! – I decided to put my two cents in – sad pun intended.
After you have read the following quotes, my question to you is, who has a shorter memory, our so-called “representatives” or the voters?
“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. 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. I therefore intend to oppose the effort to increase America’s debt limit.” – Senator Barak Obama, 2006
“If my Republican friends believe that increasing our debt by almost $800 billion today and more than $3 trillion over the last five years is the right thing to do, they should be upfront about it. They should explain why they think more debt is good for the economy. . . . Democrats won’t be making arguments to support this legislation, which will weaken our country.” – Senator Harry Reid, 2006
Government will make the difficult, unpopular choices sooner or later, it is only a matter or time. The price of not increasing the debt will be paid by the working people of America sooner or later. The longer we wait and the more we increase the debt, the more painful the price we will pay once the bill comes due. The choice involves the level of devastation we will experience when the moment arrives, and little more than that choice. Now economic hardship may be upon us. Later economic calamity will be upon us.
You wanna pay that price now, or pay it later?
By the way, as a candidate, I promised again and again I would not vote to increase the debt one more penny.
The mission is freedom.
The vision is now.