During the President George W. Bush administration, Republican Congressmen and Senators were in favor of raising the debt ceiling so the federal government could borrow and spend astronomical amounts of money. Despite the GOP attempting to appear fiscally conservative again, its eight-year past is still a cloud hanging over the Republican Party.
What about the Democrats? Well, during the Bush years, they were opposed to increasing the debt ceiling and continually lambasted the president and the GOP leadership for boosting debt levels and raising the debt ceiling. Now, since they are in the White House, they are in favor of it.
Do the Republicans or Democrats have any principles whatsoever? It appears not.
To further the GOP’s point, the Republican National Committee (RNC) released a YouTube video Wednesday highlighting the fact that Democratic Senators Hillary Clinton, John Kerry and Harry Reid and Congressmen Steny Hoyer and Chares Rangel were against raising the debt ceiling.
The one-minute clip titled “Did I Say That?” – the video seems to be aesthetically reminiscent of the 1959 Billy Wilder motion picture “Some Like It Hot” – has snippets of President Obama talking about how important it is that the federal governments votes to increase the debt limit.
Although the president says he is now in support of debt ceiling increases, he was opposed to it in the past, but he didn’t say it on camera. Instead, on Mar. 16, 2006, he issued this statement to the congressional record:
“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.
“I therefore intend to oppose the efforts to increase America’s debt limit.”
In 2011, when he was asked about those remarks on ABC, he attempted to distance himself from those comments by explaining that being president provides you with a different “vantage point.” In other words, he retracted that statement and became a hypocrite yet again.