Here's a quote from then-Senator Barrack Obama:
“Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren,” Obama said in a 2006 floor speech that preceded a Senate vote to extend the debt limit. “America has a debt problem and a failure of leadership.”Obama later joined his Democratic colleagues in voting en bloc against raising the debt increase.
Today, President Obama is asking the Senate to raise the debt limit beyond the $12.1 TRILLION dollar limit. For a president who spends more per day than most countries see in a year, this is delicious irony. Unless you're young and have to eat what he's serving up for you in the future.