As others see it: A bunch of budget failures
February 25, 2013 at 6:00 pm in Worthington Daily Globe
Congress and the Obama administration have painted themselves politically into a budget cutting corner that ordinary Americans are going have to bear the pain. Continue Reading
“Obama is blaming the Republicans for originating the sequester law. Republicans are blaming Obama for signing the sequester idea into law.”
This mess started when the GOP had a hissy and refused to raise the debt ceiling and threaten national default if there weren’t any spending cuts. NEVER had ANYONE used threat of national default to get what they wanted politically. WE LOST CREDIT RATING over this hostage taking of the debt ceiling. This bill was only agreed upon (by both houses) and signed (by president) to prevent default and further rating lowering on a weak recovering economy. The GOP felt it necessary to cut of their nose in spite of their face in this political mess.
Heres the number of times used by President since 1980;
http://usgovinfo.about.com/od/moneymatters/tp/5-Presidents-Who-Raised-The-Debt-Limit.htm
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President Truman famously had a sign on his desk, “The Buck Stops Here”. A true leader has the ability to accept responsibility regardless of whether the event was positive or negative. The suggestion that the sequester, proposed by the administration, passed by the Senate and signed by the President, is the responsibility of the House is a clear reflection on the character of this administration. This is particularly true in light of the fact that the House has proposed to allow the administration full discretion over how the cuts are to be implemented rather than the blanket cuts mandated under the sequester. The response of the administration is that it isn’t going to be stuck having to make the choice between bad and worse. True leaders lead, regardless of whether the task is easy or difficult. While the choice of what to cut isn’t easy, President Obama was elected to lead and was elected to make difficult decisions. I probably wouldn’t like how President Obama allocates the cuts, but I would accept them because that is his role as the Chief Executive of this country. It is an opportunity to lead and so far he has chosen the path of blame.
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Merc, we lost credit rating because of the crazy spending and “P” poor fiscal management by the president and people. Obama came up with the sequester, but now is backpeddling wildly to try and blame someone else, AGAIN. This man cannot take responsibility for any of his actions. “This mess started when the GOP had a hissy and refused to raise the debt ceiling” But, isn’t it “unpatriotic” to raise the debt ceiling? Or was that just more of his B.S.?
http://www.youtube.com/watch?v=ydZTHPkOnvE
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“S&P has gone out of its way to point to the political brinkmanship over the debt ceiling as a key reason for the downgrade.” Hold the ceiling hostage and this is what S&P will do.
“The first thing [lawmakers] could have done is to have raised the debt ceilng in a timely manner so that much of this debate had been avoided to begin with, as it had done 60 or 70 times since 1960 without that much debate,” Chambers said”
http://money.cnn.com/2011/08/06/news/economy/sp_rating_faq/index.htm
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“The first thing [lawmakers] could have done is to have raised the debt ceilng” But, as your hero and emperor said, It would be unpatriotic to raise it, so they are merely mirroring his thoughts and wishes. He has no right or grounds to whine like a child now, when they are going along with HIS advice to begin with.
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