Here are some more on Obama’s remarks today from the New York Times:
“They [Republicans] will not collect a ransom in exchange for not crashing the American economy,” Mr. Obama vowed in the East Room, a week before his second inauguration. “The financial well-being of the American people is not leverage to be used. The full faith and credit of the United States of America is not a bargaining chip.”
And from the Washington Post:
In the final news conference of his first term, Obama said Republicans were threatening to hold “a gun at the head of the American people” and that he would not trade spending cuts, as Republicans demand, for an agreement to raise the federal debt ceiling.
“To even entertain this happening — of the United States of America not paying its bills — is irresponsible. It’s absurd.” He vowed that congressional Republicans “will not collect a ransom in exchange for not crashing the American economy. The financial well-being of the American people is not leverage to be used. The full faith and credit of the United States of America is not a bargaining chip.”
Now, I could address how ludicrous this is.
How, it reminds me of the type of fervent propaganda I learned about in places like the glorious\ Soviet Union.
Or, how these seem like mighty uncompromising words from a President who has bellyached a great deal about the other side’s inability to compromise.
Or, how dumb it is that the government has locked in a trillion dollar deficit, where they have turned a temporary stimulus spending level into the new government spending norm, where — after demonstrating abhorrent financial irresponsibility and avoiding making anything that appears to be a tough choice — they want an unlimited ability to write checks from ours’ and our children’s bank accounts.
But, I think we are well beyond all that. President Obama is becoming the classic example of we get what we deserve.
And we’ll keeping getting it until we vote for adults who understand incentives that lead to prosperity, who can say no to special interests and balance a checkbook.