There was more to his speech. He knew that NEGOTIATIONS needed to happen and that both sides had to put partisan bickering and politicking aside in order to balance the budget in any real sense.
Additionally, since the government has no choice but to borrow more money...why put up much of a fight? To me victory for Republicans would be to get the Debt limit raise under a TRILLION ... approve it ... then blame Obama for massive deficit spending during his term during the election. If we have even a threat of a government shut down, voters are going to flip out and vote the other way. 4 years ago the debt was what? 9 trillion? now it will be almost 16 TRILLION under Obama?
Again, Democrats and Repubicans are both to blame in the debt problem. Its the finger pointing that will screw us in the end. I can't wait to see how long and how much B.S. will occur in the current request to raise the debt ceiling yet again by 1.6 trillion. Debt is growing far beyond GDP growth. When we our government ever pay down any debt? When will the crys "back to surplus" ring in congress? I respond on the video because it should be taken down because it offers nothing but fingerpoints.
Dear Raptorstuff, Please Give the Dates and the amounts that the House and the Senate agreed to raise the debt ceiling to under Reagan. More importantly, What % of the GDP was the National Debt when Reagan left office?
There was more to his speech. He knew that NEGOTIATIONS needed to happen and that both sides had to put partisan bickering and politicking aside in order to balance the budget in any real sense.
msrebelnardcore 4 days ago
Additionally, since the government has no choice but to borrow more money...why put up much of a fight? To me victory for Republicans would be to get the Debt limit raise under a TRILLION ... approve it ... then blame Obama for massive deficit spending during his term during the election. If we have even a threat of a government shut down, voters are going to flip out and vote the other way. 4 years ago the debt was what? 9 trillion? now it will be almost 16 TRILLION under Obama?
MrZerosum 1 month ago
Again, Democrats and Repubicans are both to blame in the debt problem. Its the finger pointing that will screw us in the end. I can't wait to see how long and how much B.S. will occur in the current request to raise the debt ceiling yet again by 1.6 trillion. Debt is growing far beyond GDP growth. When we our government ever pay down any debt? When will the crys "back to surplus" ring in congress? I respond on the video because it should be taken down because it offers nothing but fingerpoints.
MrZerosum 1 month ago
@JWillsWay Right, and Reagan could have refused to sign it, just like Republicans were asking of Obama. But he didnt.Why didnt he?
circumarc 5 months ago
@circumarc I said Obama raised what?
Reading comprehension much?
circumarc 5 months ago
Yes, Democrats spend. But Republicans pretending they dont is absurd. Anyone who believes either party's tripe is a buffoon.
circumarc 6 months ago
@JWillsWay Hmmm, an yet you're saying Obama raised it?
Hmmmm
circumarc 6 months ago
Dear Raptorstuff, Please Give the Dates and the amounts that the House and the Senate agreed to raise the debt ceiling to under Reagan. More importantly, What % of the GDP was the National Debt when Reagan left office?
Bowmanjedi 6 months ago
David Walker warned us back in 2007.
Now we have a AA+ rating with a negative outlook.
Teabaggers, Republicans, or Democrats.... most have Iost faith in our government's ability to pay down the debt.
We are screwed, period.... finger point all you want....we are screwed.
There is zero political will in Washington to pay down the debt or even balance the budget.
-20 trillion by 2015
MrZerosum 6 months ago
talk, talk talk.....
practice what you preach...
our government is out of control
aceyorba 7 months ago