“Now, this debt ceiling — I just want to remind people in case you haven’t been keeping up — raising the debt ceiling, which has been done over a hundred times, does not increase our debt; it does not somehow promote profligacy. All it does is it says you got to pay the bills that you’ve already racked up, Congress. It’s a basic function of making sure that the full faith and credit of the United States is preserved.”
Obama went on to suggest that “the average person” mistakenly thinks that raising the debt ceiling means the U.S. is racking up more debt:
“It’s always a tough vote because the average person thinks raising the debt ceiling must mean that we’re running up our debt, so people don’t like to vote on it, and, typically, there’s some gamesmanship in terms of making the President’s party shoulder the burden of raising the — taking the vote.”
That’s true. Raising he debt ceiling doesn’t mean an increase in the debt.
Taking out a mortgage doesn’t mean you are buying a house. Filling the car with gas doesn’t mean you are going to drive it. Breaking eggs into a skillet doesn’t mean you are going to fry them. Dropping trou in front of the urinal doesn’t mean you are going to piss. Buying a McRib doesn’t mean you are going to eat. All of these things are true. Retarded, but true.
Shifting gears this morning… Memory Hole Theater presents Senator Obama in his own words, circa 2006.