President Obama on Tuesday predicted harm to Americans if Congress fails to raise the debt ceiling next week. My, my, my, what a difference being in power makes!
Here’s what the president said yesterday, courtesy of CNN:
“On Tuesday, Obama sternly warned that ‘every American could see their 401(k)s and home values fall’ and the country would see a ‘very significant risk’ of a deep recession. The only responsible action, he repeated: raise the debt ceiling, without preconditions.
“’We’re not going to pay ransom for’ America paying its bills, he told reporters, placing the blame squarely on House Republicans. ‘Let’s lift these threats from our families and our businesses and let’s get down to work.’
Compare that to this signed statement opposing raising the debt ceiling by then-Senator Obama, which he had entered in the Congressional Record. Kudos to the ZeroHedge.comWeb site for finding and originally posting this image.
