For those of you who missed Obama’s presidential address on the debt ceiling last night, I’ll give you a brief summary….
Wah, wah, wah…..Bush’s fault…..
wah, wah, wah, wah….shared sacrifice….
wah,wah,wah…Republicans only want to protect the rich…
wah, wah, wah, wah…I have a balanced approach…
I think that about sums it up. But here’s the speech in it’s entirety, if you think you have the stomach for it…
So, why did Obama feel the need to have this address last night? After all, according to him, 80% of Americans already support his plan and want higher taxes on the “wealthiest Americans”. If he has the support of 80% of Americans, why does he still feel the need to push this plan?
As you will recall, when the health care bill was being debated, Obama said the overwhelming majority of Americans wanted universal health care. However, even after the bill became law, Obama will still out campaigning for it. Why? If it’s already passed, and Americans wanted this, why was he still trying to convince everyone how great it is?
The fact is, a majority of Americans did NOT want that health care bill, and the majority of Americans do NOT want higher taxes. Obama knows this, and that’s why he’s trying so hard to push something that he claims Americans already want.
Obama also continued to throw out the typical scare tactics, claiming that we may not be able to pay our bills, including the social security payments. Let’s focus on that for a minute. The only way people will not get their social security payments is if Obama decides not to send them out. We have more than enough revenues to pay them, along with our interest payments, Medicare, Medicaid, veteran payments, active military payments, and then some. Read more. This is pure theater on Obama’s part. He knows all of this. If he doesn’t, we’re in even deeper trouble then we think!
Obama claims that Republicans are not working with Democrats for a solution to this problem, but the fact is, Speaker Boehner already has a bill, Cut, Cap and Balance, which has passed in the House. It caps the debt ceiling and calls for a balanced budget amendment. However, the Senate tabled the bill, and Obama said, point blank, that he would veto it.
Boehner is also pushing for a short-term solution, which will require Congress and the president to go through this whole fight again, in just a few short months. Obama is worried about re-election, and he knows another debt ceiling fight, just months before the elections, could mean a victory for Republicans. It sounds like Obama is running out of options, and he’s starting to feel the strain. Desperation is starting to show….
After Obama’s address, Boehner also gave a speech, outlining the House bill, pointing out that it was a bi-partisan effort. He went on to claim that Obama wants a blank check, and that the Senate bill is “filled with phony accounting and Washington gimmicks.”
Boehner summed up Obama’s philosophy in this manner – “The President has often said we need a ‘balanced’ approach—which in Washington means: we spend more, you pay more.” Well said. That’s exactly what Obama is looking for….a clean bill that would raise the debt ceiling with no stipulations, or a bill that is full of tax increases.
Well, Mr. President….keep dreaming.