Of course, many Democrats are blaming Republicans for this entire mess and are citing racism in mass amounts. Read it on twitter. Democrats are falling all over themselves to say that Republicans voted to raise the debt ceiling numerous times while he was in office. Unfortunately, anyone who has eyes can see that many of their claims are either exaggerated or simply political posturing. For example, they can't even get the number of times Congress voted the debt ceiling up right:
Screw it, nineteen!
much smaller amounts (that link is to NPR, which I'm sure will make liberals' heads explode).
If we are to believe the second twitter post above, that would mean President Bush raised the debt ceiling a little under $600 Billion each time the debt ceiling was raised. How much is the President trying to raise the debt ceiling now? $2.4 Trillion. That's more than four times the average of President Bush. Damn, don't you just hate facts?
So the big thing now is that the debt ceiling is an issue. Democrats are flailing, lying until they are blue in the face that the debt ceiling was never an issue under Bush. Raaaaaaaaacism! Well, here's the inside scoop to the sheep that actually believe that: you are wrong. Very wrong.
And guess something else. The debt ceiling raise barely passed. Every. Single. Democrat. In the Senate voted against it. It passed 52-48 (again, the source is AP. Is your head exploding yet?). But, oh shucks, it's the Republicans that are partisan, right?
Oh, and the liberal argument that Republicans never said boo under Bush is an utter lie. In fact, a simple Google search provides hundreds of articles about Republicans calling for a balanced budget under (gasp!) President Bush. By the way, the last article I cited is from the New York Times from 2006.
And just to make this article complete, here is a quote from Mr. Obama on the floor of the Senate from 2006:
Senator Obama- Mr. President, I rise today to talk about America's debt problem.
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.
Over the past 5 years, our federal debt has increased by $3.5 trillion to $8.6 trillion. That is "trillion'' with a "T.'' That is money that we have borrowed from the Social Security trust fund, borrowed from China and Japan, borrowed from American taxpayers. And over the next 5 years, between now and 2011, the President's budget will increase the debt by almost another $3.5 trillion...
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.
I therefore intend to oppose the effort to increase America's debt limit.