“We Are Not a Deadbeat Nation”, Obama Says, Then Misses Deadline for Sending Budget to Congress

But don’t call the man, lazy. According to Colin Powell, that’s incredibly racist.

“The issue here is whether or not America pays its bills,” Obama said at a press conference on Monday, the last of his first term in office. “We are not a deadbeat nation.”

There are so many things wrong with that…

1. In 2006, Obama said that raising the debt limit was “a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies”.

Now failing to raise the debt limit and not pay the bills using financial assistance from foreign governments to finance his reckless fiscal policies is a sign that America can’t pay its own bills. By which he means his bills.

2. When you run up this high a debt, then you are a deadbeat. Turning the national numbers into a family income, Obama’s spending spree is the equivalent of a family with a $21,700 annual income running up $16,500 in new debt to be added to $142,710 in existing credit card debt.

If that’s not the definition of a deadbeat, I don’t know what is.

3. It’s not America’s debt. It’s America’s debt the way that it’s your debt when the bellboy runs up illegal charges on your credit card. And here the bellboy is accusing the hotel of being deadbeats unless they let him run up a lot more charges on the country’s credit card.

4.  Obama isn’t proposing that America pay the bills, but that it borrow even more money that he doesn’t intend to pay back either. The bills are being paid by taxpayers. This isn’t bill paying, it’s debt raising.

But Obama assures that he will be happy to take control of the purse strings and shred the Constitution some more.

“If the House and the Senate wants to give me the authority so they don’t have to take these tough votes… I’m happy to take it,” he said. But, Obama added: “There are no magic tricks here, no loopholes. There’s no easy way out.”

That’s actually really hilarious coming from a guy who is just printing money at this point and whose economic adviser proposed minting a trillion dollar coin.

But Obama is no believer in magic tricks and shortcuts. He just believes we have to raise the debt limit, borrow more money and then never pay it back… like a responsible adult.

And like a responsible adult, Obama will be missing a budget deadline because not being a deadbeat, means pretending not to be one on camera in front of your press corps. It doesn’t mean actual responsibility.

The White House has informed House Budget Committee Chairman Paul Ryan (R-Wis.) that it will miss the legal deadline for sending a budget to Congress.

Acting Budget Director Jeff Zients told Ryan (R-Wis.) late Friday that the budget will not be delivered by Feb. 4, as required by law, a House aide said.

“Zients did not indicate how late the administration will delay its submission, simply noting ‘We will submit it to Congress as soon as possible,’ ” the aide said.

Maybe BO ate the budget. And I don’t mean the dog.

  • Anamah

    “The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure.
    It is a sign that the U.S. Government can’t pay its own bills.
    It is a sign that we now depend on ongoing financial assistance from foreign countries to finance
    our Government’s reckless fiscal policies. Increasing America’s debt weakens us domestically and internationally.
    Leadership means that ‘the buck stops here.
    Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren.
    America has a debt problem and a failure of leadership.
    Americans deserve better.”
    Senator Barack Obama – 2006

    • carrie

      "Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better. I therefore intend to oppose the effort to increase America’s debt limit.”

      Senator Obama in 2006.

      “The problem is, is that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion dollars for the first 42 presidents — number 43 added $4 trillion dollars by his lonesome, so that we now have over $9 trillion dollars of debt that we are going to have to pay back — $30,000 for every man, woman and child.” “That’s irresponsible. It’s unpatriotic.”

      Obama – July 3, 2008

      • carrie

        "By continuing to support American Treasury instruments [i.e., buy U.S. government debt] the Chinese are recognizing our interconnection. … We have to incur more debt. It would not be in China's interest if we were unable to get our economy moving again. … The US needs the investment in Treasury bonds to shore up its economy to continue to buy Chinese products."

        Hillary Clinton

        "I refuse to leave our children with a debt that they cannot repay. And that means taking responsibility right now, in this administration, for getting our spending under control."

        February 2009, Barack Obama

        As of December 31, 2012, the official debt of the United States government was $16.4 trillion
        This amounts to:
        • $52,181 for every legal resident in the U.S.
        • $135,713 for every legal household in the U.S.

        From the time that Congress enacted Bush's first major economic proposal (June 2001) until the time that he left office (January 2009), the national debt rose from 55% of GDP to 76%, or an average of 2.8 percentage points per year.

        From the time that Congress enacted Obama's first major economic proposal (February 2009) until September 27, 2012, the national debt rose from 77% of GDP to 102%, or an average of 7.0 percentage points per year.

  • Anamah

    Daniel, the president treat us as idiots. He seems to think the average voter can not understand the numbers dimension, and that he is committed to sink America. This new nasty Democrats are driven us toward this unnecessary, unprecedented magnitudes of debt, this so astronomical level of figures! We are going to fall into an endless black hole. We are entering in that trap while the magician plays to distract us. The interest now is very low but…it can grow and it will. We must stop this debt road now, impeach obamacare, stop now this incredible waste and spending!!!
    Please think on this:
    1 Million seconds approx.: 11 days
    1 Billion seconds approx.: 3 years
    1 Trillion seconds approx.: 32,000 years
    Do you realize the equivalent of 16, 20, or 100 Tr. he is kneading?

  • Chris

    It's just jawdropping watching this creep spew his blather. Obama has diarrea of the mouth and it's ALL nonsense and outright lies. He lectures republicans on fiscal responsibility, no doubt drawing from that deep, deep well of economic knowledge and wisdom that has so far given us 6 trillion in new debt, without a damn thing to show for it, and bullies congress with threats if he doesn't get to drive up the national debt another 6 trillion with nothing to show for it. America cannot recover while this evil snake is in control.

  • Gabrielle

    I was stunned by his performance today. I am beyond stunned at how so-called "journalists" could sit there and watch him lie the way he did with his insufferable arrogance and attitude.. I am stunned that all of those "intelligent " journalists seem to suffer from memory loss when faced with Obama's incredible flip-flopping. Do the members of the media really need to ask why they are losing both credibility and RESPECT from an angry and disgusted public?

    Do none of them have any sense of right and wrong left? I despise the enablers in congress and the media far more than I despise the joker in the White House. What a disgusting display of hubris from a total incompetent.

  • kaz

    we are not a deadbeat nation, but we have a deadbeat president, 2 deadbeat parties, and 53% off our population voted for a deadbeat.

  • WilliamJamesWard

    Interesting picture, was it taken before or after demonic posession, why would anyone call him
    lazy when Liar in Chief is appropriate

  • Asher

    We used to be a prosperous and productive nation, until this totally inadequate American hating President got elected by the dimwitted voters!

  • patron

    Obama:

    Nothing to cut, unless you want to end old folks' Medicare or starve children.

    Just got back from a $20 million Hawaiian vacation, charged to the taxpayer.