Just like raising the limit on my credit card doesn't mean that I'll be more in debt. Of course, I can restrain my spending and Washington seems incapable of doing so.
So, the practical answer is: yes, raising the debt limit will result in more federal debt.
So everyone who gets a raise on their credit card limit maxes it out? Wanna tell that to my aunt who has a perfect credit score? Surely she's doing something wrong then.
Obama was technically correct -- it DOESN'T mean it would increase our debt. Practically, sure, it will...but that's not his choice. Congress sets the budget. He just gets a set of numbers that say "here, spend this" and he does.
Reading comprehension fail. I didn't say that everyone who gets an increase in credit limit will spend that extra money. I said that Washington would.
So everyone who gets a raise on their credit card limit maxes it out? Wanna tell that to my aunt who has a perfect credit score? Surely she's doing something wrong then.
Obama was technically correct -- it DOESN'T mean it would increase our debt. Practically, sure, it will...but that's not his choice. Congress sets the budget. He just gets a set of numbers that say "here, spend this" and he does.
No. It makes what you said untrue.It still doesn't make what Obama said untrue. It all comes from Congress.
No. It makes what you said untrue.
So everyone who gets a raise on their credit card limit maxes it out? Wanna tell that to my aunt who has a perfect credit score? Surely she's doing something wrong then.
Obama was technically correct -- it DOESN'T mean it would increase our debt. Practically, sure, it will...but that's not his choice. Congress sets the budget. He just gets a set of numbers that say "here, spend this" and he does.
You should write the Washington Post
I'm sure they'd love to correct their graphic with your insights.
So then we agree, what Obama said is true.
Thank you for proving my point.
Streak, its not the fact that you are a liberal that makes people crazy. Its the fact that you say stuff that make no sense. Put the kool-aid down, you've had too much already.
Did you not read your link? Congress sets the funding, it's in the Constitution...what the President does is send over a REQUEST. It's not law and it doesn't really matter, it's a courtesy that it gets considered. Perhaps you should do a little more research on a basic process of our Federal government. I'd start with reading the Constitution, if I were you.
You might try searching the word "veto".
He has a choice. It may be a tough one, but he has a choice.
You're amazingly condescending for one with so little attention to detail or ability to clearly articulate his thoughts. Are you rich, or something?
^^^^ This. one of the best examples I have seen.Just like raising the limit on my credit card doesn't mean that I'll be more in debt. Of course, I can restrain my spending and Washington seems incapable of doing so.
So, the practical answer is: yes, raising the debt limit will result in more federal debt.
Streak, its not the fact that you are a liberal that makes people crazy. Its the fact that you say stuff that make no sense. Put the kool-aid down, you've had too much already.
Obama was technically correct -- it DOESN'T mean it would increase our debt. Practically, sure, it will...but that's not his choice. Congress sets the budget. He just gets a set of numbers that say "here, spend this" and he does.
You might try searching the word "veto".
He has a choice. It may be a tough one, but he has a choice.