Failure of Leadership, D & R, and the National Debt

Here is the final “final” word on the debt discussion – take note at the end of the quote who it is attributed to – he was right then and it remains true today – without regard to political party – the “truth is the truth.” “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 US Government cannot 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. 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.” Senator Barack Obama-March 2006

And now I say to the President – sometimes our words come back to haunt us.  Let’s see real leadership and not a continued kicking-of-the-can down the road. Stop the profligate spending NOW! Not more taxes but more tax payers – that will increase revenue and with a significant reduction in EXCESSIVE federal spending we can fix our financial mess.  We, as Democrats, will always be saddled with the mantle of fiscally-irresponsible if we don’t lead NOW.  We’ve spent over nearly 4 trillion dollars over the past 3+ years and we’re deeper in debt and no closer to realizing economic recovery.  The very definition of insanity is to continue to do the same thing and expect a different result.  Out-of-control government borrowing/spending is the problem and stopping it represents the BEST ANSWER.