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Obama: Not raising the debt ceiling would be like a dine-and-dash at a restaurant

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By Doug Powers  •  January 14, 2013 03:32 PM

**Written by Doug Powers

“You don’t go buying a boat when you can barely pay your mortgage. You don’t blow a bunch of cash on Vegas when you’re trying to save for college. You prioritise. You make tough choices.” – President Obama, February 2010
*****

President Obama held the final press conference of his first term today. “We need to pay our bills” is the latest craze to justify raising the debt ceiling (try that one on your credit card company when you hit your limit).

Here are a few quotes from a presser that revolved in part around the debt ceiling and gun control, which led to some interesting metaphor placement:

“I’m happy to have that conversation,” Obama said of future deficit-reduction talks. “What I will not do is have that negotiation with a gun at the head of the American people.”

That was about as subtle as Joe Biden in a Dunkin’ Donuts. Speaking of guns, what the heck is a “magazine clip”?

Need more comparisons? You got ’em: Congress, don’t dine-and-dash:

“You don’t go out to dinner and then eat all you want and then leave without paying the check,” Obama said.

Of course not. You make sure your dinner tab is charged to the kids and grandkids of everybody else in the restaurant, then you leave.

The press conference also featured hostage-takers:

“They will not collect a ransom in exchange for not crashing the economy,” he said at the 21st and final news conference of his first term.

And economic terrorism:

Failure to raise the debt limit would put the United States into a first-ever default, a step that Obama said could “blow up the economy.”

Top Dems urging President Obama to unilaterally raise the debt ceiling all voted against raising the ceiling in 2006 — including then-Senator Obama. Remember this?

“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure,” he said. “It is a sign that the U.S. Government can’t 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. … 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 and a failure of leadership.”

In 2006 the need to raise the debt ceiling was a sign that America can’t pay its bills. In 2013 the need to raise the debt ceiling is a critical element in allowing America to pay its bills.

Today, Major Garrett reminded Obama that “you yourself” voted against raising the debt ceiling back when Bush was president, and Obama easily side-stepped it:

Oh, and Obama also announced that Janet Napolitano will remain as head of Homeland Security for the foreseeable future. America will sleep better knowing this.

**Written by Doug Powers

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