Clinton to Obama on raising the debt ceiling by August 2: “Don’t blink.”
Make the Republicans raise it like they did SEVEN TIMES during King George’s Administration:
Aspen, Colorado (CNN): […] Regardless of the Republican field, however, Clinton believes Obama will be re-elected in 2012. Under Obama’s leadership, Wall Street has been salvaged, and the automotive industry has been saved, Clinton said. Also, manufacturing jobs have increased with the United States now building 20% of the solar batteries globally — up from 2%. That could go up as high as 40% by 2014, the former president added.
Obama has also delivered on national security with the killing of Osama bin Laden and increased drone activity in terrorist countries, Clinton said. Domestically, he has offered laudable education and health care reforms, as well as student loan reforms that allow borrowers longer time to pay back their debts, Clinton said.
Clinton also said Obama has been very good on gay rights — a serious sticking point for the Clinton presidency, which created the “Don’t Ask, Don’t Tell” policy.
And, at a time when European multiculturalism is apparently failing, Obama’s been able to speak to the diverse sectors of the U.S. population, Clinton said.
From CrooksandLiars: 10 Inconvenient Truths About the Debt Ceiling:
1. Republican Leaders Agree U.S. Default Would Be a “Financial Disaster”
2. Ronald Reagan Tripled the National Debt
3. George W. Bush Doubled the National Debt
4. Republicans Voted Seven Times to Raise Debt Ceiling for President Bush
5. Federal Taxes Are Now at a 60 Year Low
6. Bush Tax Cuts Didn’t Pay for Themselves or Spur “Job Creators”
7. Ryan Budget Delivers Another Tax Cut Windfall for Wealthy
8. Ryan Budget Will Require Raising Debt Ceiling – Repeatedly
9. Tax Cuts Drive the Next Decade of Debt
10. $3 Trillion Tab for Unfunded Wars Remains UnpaidAlso? Let tax cuts for the rich expire. Our nation could really use the revenue (and a sense of fairness).
(via silas216)
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