Originally Posted by Literature
Nothing particularly, unless it is suggesting that the debt limit shouldn't be increased. It is suggesting that, though, which means it's wrong. Which is something Obama admits today. Yes, that was a political decision, not a particularly wise one. Just like Republicans who in 2006 favored raising the debt limit.
Read that last statement twice if it helps.
Not increasing the debt limit at some point isn't wrong. Eventually the iceberg tips over. If interest rates start to rise you'll be looking at trillion dollar interest rates before the end of the decade.
To the working man that means taking 1,000,000,000 $100 bills and burning them in the trash barrel every year. Or, that's an 2009 Obama stimulus burned every year without the constituent payoffs.
Obama already made Bush tax cuts permanent for most of us so he cut off that revenue.
How exactly are we going to pay for it? 2% economic growth? Laughable. At some point either intelligent liberals have to realize Obama either wants to drive us into a socialist state or he's an idiot that doesn't know WTF he's doing.