Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,' | TigerDroppings.com

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pistolpete23
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Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'



quote:

"Now, this debt ceiling -- I just want to remind people in case you haven't been keeping up -- raising the debt ceiling, which has been done over a hundred times, does not increase our debt; -

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ShoeBang
New Orleans Pelicans Fan
Member since May 2012
4617 posts

re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'


quote:

I just want to remind people in case you haven't been keeping up


The fricking arrogance on this guy is astounding






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oklahogjr
Arizona State Fan
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Member since Jan 2010
22154 posts

re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'


I wish just one politician would sit down and explain the debt ceiling, first step would be not calling it the debt ceiling to simplify it for us but having an adult conversation about what it is and the impacts of changing it.





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TrueTiger
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re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'


and handing a bottle of booze to an alcoholic does not make him drunk





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IndependentGeorge
LSU Fan
Anytown, USA
Member since Oct 2011
2355 posts

re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'


It allows you to raise the debt though so...?


It astounds me me how he got elected in the first place. My jimmies are still rustled over the whole Jeremiah Wright situation in the first election.






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germandawg
Member since Sep 2012
3041 posts

re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'


quote:

quote:
"Now, this debt ceiling -- I just want to remind people in case you haven't been keeping up -- raising the debt ceiling, which has been done over a hundred times, does not increase our debt; -

LINK

(SIAP)


Wel it certainly seems as if ya'll haven't been keeping up...raising your credit card limit does not increase your debt....using that credit card does......it is the spending that has already taken place that has driven up the debt....the debt ceiling is a number that was picked out of thin air and really means nothing.....unless of course you limit spending to the ceiling which isn't being done and won't be done for obvious reasons......






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bayoudude
LSU Fan
Houma
Member since Dec 2007
17038 posts

re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'


Sure it doesn't raise the debt if you don't spend it but when has this administration shown any spending restraint. Giving them a larger charge account is insane.





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CptBengal
USA Fan
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Member since Dec 2007
39735 posts
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re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'


the fact he parses these comments, and then never gets called out is astounding.

why does he care amyway? the debt hasnt changed in well er a hundred days...no d to worry, just keep cooking the books






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SmellslikeKevinBacon
LSU Fan
Louisiana
Member since Dec 2012
2626 posts

re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'


Why would they raise it if they had no intentions of spending it?





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Janky
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Member since Jun 2011
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re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'


quote:

Wel it certainly seems as if ya'll haven't been keeping up...raising your credit card limit does not increase your debt....using that credit card does


One of the most disingenuous statements I have ever read here.






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a want
LSU Fan
North America
Member since Oct 2010
9939 posts

re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'


quote:

It allows you to raise the debt though so...?

The alternative is not paying our bills. Do you really want the U.S. government to start renegging on their obligations? Talk about economic chaos....

The reason politicians love the debt ceiling issue is b/c it allows them to bitch about spending without having to actually cut anything. They can look like deficit hawks but when budget time comes....not so much....they line up at the trough just like everybody else.







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LSURussian
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Member since Feb 2005
82769 posts
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re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'


quote:

Do you really want the U.S. government to start renegging on their obligations?

In your simple mind, is that the only alternative?






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Lsut81
USA Fan
Member since Jun 2005
64934 posts

re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'


quote:

'Raising the Debt Ceiling...Does Not Increase Our Debt,'


Technically, he is correct... If you raise the ceiling, but don't spend anymore money, you aren't increasing the debt.

However, he is being a slimeball and trying to play on words when he knows damn well that as soon as they increase the debt ceiling, he is going to spend spend spend.






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Five0
USA Fan
Member since Dec 2009
5428 posts

re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'


In other news, the sky is not blue. EVER!





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SlowFlowPro
Stanford Fan
Simple Solutions to Complex Probs
Member since Jan 2004
297958 posts

re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'


quote:

The alternative is not paying our bills.

we could defund some programs and privatize some assets ASAP to clear up the money






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bayoudude
LSU Fan
Houma
Member since Dec 2007
17038 posts

re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'


quote:

The alternative is not paying our bills. Do you really want the U.S. government to start renegging on their obligations?


Sooner or later paying our bills with funny money will catch up to us.






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oklahogjr
Arizona State Fan
Gold Membership
Member since Jan 2010
22154 posts

re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'


quote:

he is going to spend spend spend.

It's already spent and appropriated.






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CarrolltonTiger
LSU Fan
New Orleans
Member since Aug 2005
46304 posts

re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'


quote:

The alternative is not paying our bills.


No it isn't, we could also create fewer bills, cancel approved projects that are future obligations, reduce or even stop giving away money we do not have, etc.

To claim we have to spend as much as we are spending is absurd.






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Crow Pie
New Orleans Saints Fan
Heart of Lafayette
Member since Feb 2010
9939 posts

re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'


This just in from the OPI (Obama Philosophy Institute)

Spending more money doesn't mean I spend more money it only means that I incurred more spending that I originally spent. Further, if this has more better confused you, then you are an average dumb person.






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Lsut81
USA Fan
Member since Jun 2005
64934 posts

re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'


quote:

we could defund some programs and privatize some assets ASAP to clear up the money


Yup... But that isn't the thinking of our morons in charge.

Like I said yesterday, shut the fricking government down and put those savings towards the debt until they can balance the budget and get us out of the deficit.






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