The President admits a boo-boo:
The White House said Monday that President Barack Obama regrets his vote as a senator in 2006 against raising the debt limit — the same kind of increase he’s now pressuring Congress to approve.
Obama “thinks it was a mistake,” presidential spokesman Jay Carney told reporters. “He realizes now that raising the debt ceiling is so important to the health of this economy and the global economy that it is not a vote that, even when you are protesting an administration’s policies, you can play around with.”
One is amazed that Barack Obama did not know this back when he was a Senator. It’s not as though he lacked access to the information necessary to convince him that failing to increase the debt limit would indeed be catastrophic.