There has been a lot of political rhetoric thrown about during the recent debates on raising the debt ceiling. Finally I have found a politician that speaks to me on federal debt:
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 U.S. government can’t 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.
Americans deserve better indeed. The thoughtful politician who uttered those words?
Barack H. Obama on March 20, 2006 as he prepared to vote against raising the debt ceiling at the request of the Bush administration.