Obama: I Won’t Negotiate with GOP ‘Extremists’
Obama is still lying about the costs and how it is not affecting jobs.
Check it out:
President Barack Obama said Friday that he will not negotiate over the debt ceiling with Republicans, whom Obama accused of wanting to negotiate “under the threat of blowing up the whole economy.”
Obama said failing to meet this responsibility would be far more dangerous than a government shutdown. He added, “We don’t fully understand what might happen, the dangers involved, because no Congress has actually threatened default.”
Obama said a potential default would have a “dampening effect on the economy” and cause an economic shutdown. He mentioned that the dollar was the world’s reserve currency, and Republicans would risk throwing America back into a recession.
“That’s why you don’t fool with it,” Obama said.
Obama also emphasized that he did not want to set a precedent for future presidents of playing games with the debt ceiling.