The President wants the debt ceiling raised so that Democrats can do what they do best, spend money.
It not like Democrats didn’t have the opportunity to attack the fiscal crisis that they “inherited.” The president entered office knowing that the U.S. was broke. In fact, the prudent thing would have been to add as little government and fiscal commitments as possible and work on deficit reduction.
However, Democrats didn’t do that. What the Democrats did instead was irresponsibly push through the most costliest and unprecedented trillion dollar spending spree in the history of the United States on their Progressive social agenda.
Republicans, in the beginning of 2008, where numerically unable to stop the Democrat majority from forcing the policies of Obamacare, the Automobile takeover and the bank bailouts through Congress. As a result, in 2010 the American people elected Republicans to put a finger in the dike of Democrat spending an apparent effort to ward off the collapse of America’s finances and the consequences of uncontrolled Democrat spending. continue reading...