Talk about sounding hyporitical. Here is a speach by Obama from the Senate floor in 2006:
"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. ... 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."
Now the same man is asking Congress top raise the debt ceiling. The country will reach its debt limit of $14.3 trillion by May 16. Instead of actually trying to do something to bring the debt down Obama is asking Congress to just raise the limit. Basically, just allowing the government to spend more mony that we don't have. Eventually the ridiculous debt is going to have to be dealt with.
"The president has asked us to increase the debt limit, in other words to increase the limit on the credit card, without doing anything about the source of the problem. And we've got to deal with the source of the problem," House Speaker John Boehner, R-Ohio, said Monday on Fox News Channel.