“The problem is that borrowing money to pay back more borrowed money that will oblige you in the future to borrow even more money doesn't sound kosher. Because it isn't.”
Tip: press → for another quote, C to copy, S to share.
The attack on ObamaCare was that Congress does not have the power under the Commerce Clause to force a private citizen into a private contractual relationship. If such a thing is permitted to stand, the anti-ObamaCare forces argue, there will be no limit to Congress's power in the future.
The thing is, Obama is right that it would be a calamity for the government to default on its debt by not meeting its obligations. Such a thing has never happened and can't be allowed to happen.
The idea that the rest of the world was somehow being held hostage by the Arab-Israeli conflict once had a minimal basis in reality. In the first 20 years of Israel's existence, every Arab country was in an active state of war with the Jewish state.
You want a culture where citizens are free to express themselves and so live in the openness necessary to the functioning of a successful economy? Israel has a free press, much of it openly hostile to the parties in power.
