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    Debt Crisis Shows Lack of Leadership by Obama

    This story comes from the Yahoo! Contributor Network, where individuals publish their unique perspectives on some of the world’s most popular websites.
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    COMMENTARY | President Barrack Obama has allowed this debt crisis to reach the boiling point through a lack of leadership and a lack of presidential presence. The U.S. House of Representatives and the U.S. Senate has no respect for Obama and as this contrived crisis reaches the deadline, we will soon find out if this president has anything up his sleeve.

    Obama's speech to the nation, the text posted by the Associated Press, does not give any solution to end the perceived debt crisis and the speech does not specify any spending cuts. Obama's speech represented only one stance, raise the debt ceiling so the United States can pay their bills.

    Both sides of Congress are coming apart at the seams. John McCain is calling members of his own party trolls and Harry Reid is being obstinate by risking the United States credit rating. The sad fact is, the decision to lower the credit rating is already made and the U.S. now has nothing to lose by temporarily shutting down the federal government.

    The reason the politicians on the hill do not want the federal government to stop business for a week or two is because the American public will find out how much they do not need the federal government. A $14 trillion debt will disappear in no time if we suspend federal offices in nonessential branches of the government.

    Let's face it, if a government agency goes off-line Aug. 2, then the country can do without the office forever more than likely. This is why 20-year career politicians in the House and Senate are in full panic mode. They know we do not need them or the trillions of dollars of wasteful spending.

    The Cut, Cap and Balance bill introduced by Speaker John Boehner and passed in the House is the right solution for the future of the United States. The debt ceiling crisis is another made up crisis by U.S. politicians to keep doing what they have always done, spend taxpayer dollars and reward their cronies who placed them in office. Now is the time to send a message. Stop government waste by shutting down the government and don't restore non-essential services after the stoppage ends.

     

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