My name is John, I'm in Pittsburgh, don't have any of the other accounts, so you'll probably just delete this...
Lying Thug? The article you copied references "many economists", doesn't just sound like the current administration believes bad things could happen.
Here's a link that supports what they say with facts, not regurgitated demagogue BS: http://crooksandliars.com/jon-perr/10-inconvenient-truths-about-debt-ceiling
Doubt you'll let this stay up, but oh well. You can keep calling names and believing that trickle down economics works.
PS- Why would congress not have any issues raising the debt ceiling under W, but all of the sudden they have some sort of economic resolve? Seven times they voted to raise it. Seven. Btw, the current Ryan proposal would force them to raise the limit anyway.
John, it isn't so much the raising of the debt ceiling that I object to. It is all the bullshit that the democrats want to attach to it. And yes, obama is a lying thug. He has proven in the past that he will agree to things in order to gain a compromise from the Republicans and then not follow through with it. Off of the top of my head I can't recall the exact issue, but in order to reach a compromise he agreed to do away with some of the "czar" positions. As soon as the deal was struck he refused to hold up his end of the bargain.
The bullshit about the social security checks is also a lie. The federal government takes in a little over $200 BILLION in revenue a month, the social security obligation is roughly $50 BILLION and it is a priority. There is no way the government wouldn't have the money to pay those checks. He is simply using scare tactics and bald face lies in order to seek an advantage in this debate.
Sure, there are downsides to not raising the debt ceiling. There are also downsides to raising taxes in a piss poor economy. Raising taxes on people who earn more than $200,000 will affect everyone in this Country in one way or another.
democrats promising to make further budget cuts LATER for an increase in the debt ceiling today... Only an idiot would fall for that. It's all bullshit. The democrats are addicted to spending OUR money. They won't stop regardless of the amount that has to be borrowed. This is unsustainable. And raising the debt ceiling under George W. Bush was wrong to, just ask obama, he said so himself. When he said it, under the watch of George W. Bush, it was wrong and irresponsible and a sign of poor leadership. But like everything else, when obama does it, it's suddenly the right thing and we are idiots for doubting his genius.
Obama has no clue. He is in over his head. Every move he makes further damages our economy and pushes us further toward bankruptcy. An adult needs to step up, reign in the radical agenda and put an end to this out of control spending, and obama ain't the guy...
PS - I found the incident on the "czars". In April of this year, in order to reach a compromise on the budget, congress voted to defund several of the "czar" positions and PASSED it. A week or so later obama refused to abide by the duly enacted bill. Read more about it here...
Here is a video that shows obama's "candidate" stance on presidential signing statements. Again, he is a lying thug.