More brilliance from the smartest president evah, via CNS:
But, isn’t the fact that the U.S. has hit its debt ceiling “over a hundred times” – and, thus, has had to keep raising it – proof that raising the limit does, in fact, lead to increased debt?
Does anyone seriously doubt that Obama will spend whatever debt increase is passed, and come back asking for more as soon as he’s spent it? And let’s not forget that this is the same guy who’s nearly doubled our debt in less than five years, and who called Bush’s paltry (by comparison) debt increase “irresponsible” and “unpatriotic”. Why yes, it is the same guy.
It’s increasingly difficult to understand how anyone can take anything Obama says seriously.