Half favor Obama on budget but majority oppose raising debt ceiling

[Google]

Thread after thread has been posted from the left recently supposedly refuting the fact that all polls since the beginning of this debt ceiling debate have all indicated a large majority, anywhere from 45%-63% depending on the poll, oppose raising the debt limit.

Two weeks ago Obama was asked why after so much debate and lecturing on the dire consequences of not extending the country’s debt obligations from $14 trillion to $16 trillion that Americans were still against his position. His answer was typical, Americans are stupid, and so is the response from the media.

Every day since there is some poll showing a majority in favor of the president’s stance. Now the question is: how can a majority of American’s oppose raising the debt limit and favor Obama on the budget?

The difference between these polls is their intentions. The headline from CBS’s latest attempt at saving Obama’s presidency, “70% Shun GOP Position”, demonstrates this point perfectly.

The media is desperately trying to reconcile the fact that a majority of Americans are opposed to this president’s position. T

The polling data hasn’t changed in regards to opposing the debt ceiling, but somehow now MSNBC and the like supposedly have the numbers showing a majority in favor of Obama’s position

Raising The Debt Ceiling Still Unpopular With Americans

In Their Own Words: Americans' Views on Raising Debt Ceiling

Attention to Debt Ceiling Debate Doesn't Affect Policy Views

Americans Oppose Raising Debt Ceiling, 47% to 19%

U.S. Debt Ceiling Increase Remains Unpopular With Americans

On Deficit, Americans Prefer Spending Cuts; Open to Tax Hikes

 

[kyzr]

I prefer NOT raising the Debt ceiling too. But we need to pay our bills. I hope they cut $9T using the Coburn Plan.

 

[Richard-H]

Raising the Debt Ceiling is not a matter of opinion, it's a requirement.

All that your poll says is that a majority of Americans do not have a clue what the debt ceiling is.

BTW, every other poll in the world shows that a vast majority want the government to raise it.

This is like taking a poll of whether a keg of gun powder will go boom when you throw a match into it. Anyone that says "No" doesn't know a damn about what gun powder is.

Not raising the debt ceiling has only one purpose and one beneficiary:

The purpose is to permanently destroy the economic power of the U.S. and the beneficiary is China.

 

[Google]

Raising the Debt Ceiling is not a matter of opinion, it's a requirement.

All that your poll says is that a majority of Americans do not have a clue what the debt ceiling is.

BTW, every other poll in the world shows that a vast majority want the government to raise it.

This is like taking a poll of whether a keg of gun powder will go boom when you throw a match into it. Anyone that says "No" doesn't know a damn about what gun powder is.

Not raising the debt ceiling has only one purpose and one beneficiary:

The purpose is to permanently destroy the economic power of the U.S. and the beneficiary is China.

You have sufficiently demonstrated throughout all of your posts that you have absolutely nothing to offer as to the intricacies of this debate.

Judging on your posts one would believe that the US government's sole source of revenue is from borrowing money.

Let me ask you how raising the debt from its record $14,000,000,000,000 to $16,000,000,000,000 is going to prevent the destruction of the economic power of the US?

Who is the beneficiary of this?

Also I would love for you to break it down for me as to how raising the debt limit is going to ensure America's credit rating is not downgraded. If this strategy is so effective why is Europe facing its own debt problems.

You would hold more regard for what the rest of the world thinks and insult the intelligence of the American people.

It's a requirement? You are a moron.

 

[waltky]

Fasten yer seatbelts - the plane's about to crash!...

Geithner: 'We're almost out of runway'
July 24, 2011: Treasury Secretary Tim Geithner first told Congress in January that the debt ceiling would need to be raised.

Lawmakers rushed Sunday to find a solution to the debt ceiling debate that would provide some measure of certainty for financial markets, even as both sides continued to spar in public. The ceiling must be raised by Aug. 2. Lawmakers have been negotiating for months, looking for a way to both cut spending and raise the nation's legal borrowing limit. Still, there is no clear path forward.

"It's taken us seven months to get to the place where we are now," Treasury Secretary Tim Geithner said Sunday on CNN's State of the Union. "We're almost out of runway. We're not nowhere, but we're almost out of runway." If Congress fails to raise the $14.3 trillion debt limit, Americans could face rising interest rates and a declining dollar, among other problems.

On Friday, the latest round of talks between House Speaker John Boehner and President Obama collapsed, a development that was announced after U.S. markets closed for the weekend. While investors have thus far been mostly disinterested in the political maneuvering in Washington, there is a growing consensus that world markets could react negatively if some measure of uncertainty is not eliminated, and soon.

"We are now getting to a point where markets around the world will question whether the political system in Washington can come together and compromise for the greater good of the country," White House Chief of Staff Bill Daley said on NBC's Meet the Press. Boehner told the Republican rank-and-file during a conference call Saturday that his goal is to come up with a solution within 24 hours, a Republican aide said. The deadline is aimed at heading off a negative reaction in Asian markets. Markets in Tokyo open at 8 p.m. ET.

MORE

See also:

Debt ceiling impasse imperils safety net
July 23, 2011: Social Security payments aren't the only federal lifeline that could grind to a halt if the debt ceiling impasse continues beyond Aug. 2.

The federal government supports myriad safety net programs, such as unemployment insurance, tuition grants, food stamps, child care subsidies and housing assistance. That's not to mention the nation's massive health insurance programs: Medicare and Medicaid. All told, the federal government should distribute nearly $145 billion in lifeline funds next month, according to the Bipartisan Policy Center. A total of $306.7 billion in federal payments is on the hook in August.

"You've got just a huge number of people who, in one way or another, interact with the federal government," President Obama said Friday night when he announced that House Republicans had pulled out of the debt talks. But many of these checks will not go out if an agreement isn't reached. The Treasury Department would not have the funds to send out between 40% and 45% of its 80 million monthly payments, which also include checks for active-duty soldiers, tax refunds, federal workers' salaries and other items, according to the center. Obama has said he can't guarantee that Social Security recipients will receive the $49.2 billion in payments set go out next month.

The problem is that no one knows what will be paid. And that has left those depending on the federal government for assistance -- and their advocates -- holding their breath while the president dukes it out with House Republicans. "If the debt limit isn't raised, every government payment and program would be in question," said Judy Conti, federal advocacy coordinator at the National Employment Law Project, which fights for the unemployed.

An unprecedented number of Americans now depend on the government for assistance. Roughly one in six people are receiving public aid, with Medicaid and food stamps straining in the wake of the Great Recession. A record 44.6 million people -- or one in seven Americans -- received food stamps in April. That's up nearly 10% from the year before. The government is scheduled to send out $6.7 billion in food and nutrition support, which includes aid for children, pregnant women and new mothers, in August.

MORE

 

[hellofromwarsaw]

Thanks for the depression and now all this obstruction and paralysis- Pubs are great!

 

[NYcarbineer]

Raising the Debt Ceiling is not a matter of opinion, it's a requirement.

All that your poll says is that a majority of Americans do not have a clue what the debt ceiling is.

BTW, every other poll in the world shows that a vast majority want the government to raise it.

This is like taking a poll of whether a keg of gun powder will go boom when you throw a match into it. Anyone that says "No" doesn't know a damn about what gun powder is.

Not raising the debt ceiling has only one purpose and one beneficiary:

The purpose is to permanently destroy the economic power of the U.S. and the beneficiary is China.

You have sufficiently demonstrated throughout all of your posts that you have absolutely nothing to offer as to the intricacies of this debate.

Judging on your posts one would believe that the US government's sole source of revenue is from borrowing money.

Let me ask you how raising the debt from its record $14,000,000,000,000 to $16,000,000,000,000 is going to prevent the destruction of the economic power of the US?

Who is the beneficiary of this?

Also I would love for you to break it down for me as to how raising the debt limit is going to ensure America's credit rating is not downgraded. If this strategy is so effective why is Europe facing its own debt problems.

You would hold more regard for what the rest of the world thinks and insult the intelligence of the American people.

It's a requirement? You are a moron.

Why did Bush and the Republicans repeatedly raise the debt ceiling if it was the wrong thing to do?

 

[hellofromwarsaw]

Thanks for the depression, and now the obstruction and paralysis- Pubs are great!!

 

[CitizenPained]

Well, most people haven't taken an econ class, sooo...

 

[C_Clayton_Jones]

The polls over the last several weeks have shown the public is inconsistent on the issue.

And polls will also indicate voters are opposed to cuts in entitlement programs and advocate raising taxes.

The best thing for lawmakers to do is to legislate based on objective facts, not the polls.

 

[kyzr]

1. If you look what the DC whores do with our tax and entitlement dollars you see things like giving $108B to Greece via the IMF and now the UN wants a few billion for Somalia.
2. We want the Bush Tax cuts gone, subsidies gone, foreign aid gone, tax loop-holes gone, hedge funds taxed, derivatives gone/taxed, short-sale of stocks taxed, wall street hit with a "transaction tax",
3. We want the entitlements we paid for, and the freeloaders thrown off SS & Medicare. Start a "Max Lifetime Benefit" like regular insurance companies, no benefits if you didn't pay in, and no unlimited dollars. Medicare needs to be made solvent.