Famous quote by Barack Obama

"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. 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"

About this Quote

This quote by Barack Obama speaks with the failure of management in America when it comes to the country's financial obligation problem. He is expressing his displeasure of the effort to raise the financial obligation limit, as he thinks it suggests management failure. He is also indicating that the American people deserve much better than the current leadership, and that he will oppose the effort to increase the financial obligation. This quote highlights the need for better leadership in America, and the value of taking responsibility for the country's financial obligation. It likewise serves as a suggestion that the American people should not accept the status quo, but rather require much better from their leaders.

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Tags	Failure Leadership Today

About the Author

This quote is written / told by Barack Obama somewhere between August 4, 1961 and today. He was a famous President from USA. The author also have 123 other quotes.
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David Plouffe, Public Servant

"The debate we won't be having is whether or not the debt ceiling should be raised. We will not have a situation where people will hold the American economy hostage in order to achieve a specific agenda - at least not until 2013. So we think that is incredibly important as a matter of economic good"

Jay Carney, Public Servant

"I am prepared to discuss the things that I believe we need to do not just to raise the debt limit. Raising the debt limit is the easiest thing. That's one vote away. The hard thing is to show the world we are serious about putting our spending in order so we can show people we'll able to pay our bills down the road"

Marco Rubio, Politician

"You watch television and see what's going on on this debt ceiling issue. And what I consider to be a total lack of leadership from the President and nothing's going to get fixed until the President himself steps up and wrangles both parties in Congress"

Steve Wynn, Businessman

"Raising the debt ceiling is not additional spending. It is simply saying, you, the United States of America, can continue to borrow the money you need to pay the bills you have already rung up"

Jay Carney, Public Servant

"Now we are raising the debt limit 3 times, up to $8 trillion, so that our children and our grandchildren will have to pay for the cost of our expenditures"

Chaka Fattah, Politician

"You know, when Republicans were in charge, we doubled the debt. But, now, our concern is the Democrats are in charge and they're tripling the debt. So, really, our concern is that we want smaller government"