Senator Barack Obama Quotes on Debt
Interesting what he had to say about the national debt under Bush.
"I rise, today, to talk about America's debt problem. The fact that we are here to debate raising America's debt limit is a sign of leadership failure and our government's reckless fiscal policies."
"Over the past five years, our federal debt has increased from $3.5 trillion to $8.6 trillion -- and yes, I said trillion with a 'T'!"
"[The debt is] a hidden domestic enemy ... robbing our families and our children and seniors of the retirement and health security they've counted on. ... It took 42 presidents 224 years to run up only $1 trillion of foreign-held debt. This administration did more than that in just five years."
"America has a debt problem. I therefore intend to oppose the effort to increase America's debt limit."
It's hard to believe that Obama chose those words just seven years ago, because now his administration has racked up another $6 trillion in debt. Yet this year, he demanded Congress raise the debt limit without conditions.
I want the old Barack Obama back. He made sense. The new guy, he scares the heck out of me. Like a king, he assumes that the realm will be better if he can spend as he pleases.
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When a newspaper posed the question, "What's Wrong with the World?" G. K. Chesterton reputedly wrote a brief letter in response: "Dear Sirs: I am. Sincerely Yours, G. K. Chesterton." That is the attitude of someone who has grasped the message of Jesus.
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