Debt Ceiling Hypocrisy

President Barack Obama is currently asking the House to raise the debt ceiling of the American people, something he already did once last year.  What makes this even worse is the comments he made while a Senator during President George W. Bush's tenure.

On March 16, 2006, Obama said, “The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure.”  Now he is having to eat his own words as there is opposition to his agenda.  His press secretary, Robert Gibbs, further explains that "no" vote was a message to "make a point about needing to get serious about fiscal discipline."

But here we are, almost 5 years later, and now Obama is fighting to have the debt ceiling raised, and not concerned about getting "serious about financial discipline."  Is this also a sign that we are here as a "sign of leadership failure?"

In the home, we have to make financial decisions daily.  We have creditors that lend us money, and we make the choice to accept that additional debt increase.  Creditors stop lending to those that are proven to be irresponsible with their spending habits, though.  They deny us credit and we are forced to make tough decisions that require "tightening the belt" and sacrificing the wants to take care of the needs.

Obama is the head of the family we call America.  If he is being denied credit, it is partially due to irresponsible spending.  I suggest that he follow the same advice that financial specialists give to individuals that are struggling financially: cut up the credit cards (don't borrow any more), cut the fluff (stop spending on special interest programs) and pay down your debt (self-explanatory).

What do you think?