You obviously have not have drank enough Kool-aide yet. Everybody knows when your credit card is maxed out the best way to get out of debt is to increase the debt limit....../s
When Obama was a senator, he said that raising the debt ceiling was a failure of leadership.
Now that he’s president, it’s a necessary step to take under the circumstances.
The way we are supposed to judge various actions depends on which party is in charge. If a Republican president is faced with raising the ceiling, it’s a failure of leadership. If a good Democrat president is faced with raising the debt ceiling, it’s a necessary step to prevent future financial problems.
And Chris Mathews and others will get tingles in different places as they praise Obama for his leadership and foresight on this issue. Can’t wait to hear what the talking heads have to say about this.