Video: Presidential leadership failure, then and now

Ed Morrissey

Americans for Prosperity will spend $1 million to put this 30-second spot on television that contrasts the debt-limit philosophies of Barack Obama and, er … Barack Obama. When Obama was safely ensconced as a backbencher in the US Senate, raising the debt ceiling in 2006 (to $8.95 trillion) was “a sign of leadership failure.” Five years later, Obama’s colleagues passed $4.5 trillion in new debt ceiling limits while controlling Congress, and now Obama wants another $2.7 trillion. Why that amount? The ad explains:

In fact, Obama’s not the only Democrat with an interesting record on debt-ceiling votes and positions…

Read the rest at

H/T Verum Serum

Update: At Ace of Spades HQ, a list of Quarterly GDP since President Obama took office. Have a look.

And…Barney Frank: If Moody’s Downgrades US Economy, Just Ignore Them (Video). So, um, isn’t the Congressman the Ranking Member of the House Financial Services Committee? Oh, yes…that explains everything now…

Update 2: The Reid Plan: A Blank Check to Get President Obama Through the Next Election.

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