Friday Shadenfruede: The President and The Debt

Tad DeHaven:

Back in 2006, then-Senator Barack Obama apparently wasn’t concerned about the “catastrophic economic consequences” when he voted against raising the debt limit. ABC Newsrecalls Obama’s stated reason for his “no” vote:

The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure,” he said on March 16, 2006. “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 effort to increase America’s debt limit.

It’s sick that ‘gotcha!’ is so satisfying. Politics truly is pornography for smart people.

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