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News :: Politics
U.S. Election 2012- Socialist Stewart Alexander: Don’t raise the debt limit
11 Jul 2011
Presidential Candidate Stewart Alexander says “Working people should not fear the August 2nd deadline to raise the debt ceiling; the government will not collapse. It is time for President Obama and the professional politicians to attend credit counseling.”
Stewart Alexander for President

In 2006, then Senator Barack Obama argued and voted against raising the debt ceiling saying, “Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership.”

Today, during a White House press conference on raising the debt ceiling, President Obama suggested the Democrats and Republicans in Washington are the “professional politicians” most capable of managing the nation’s debt. Now that the nation is $14.3 trillion in debt, these professional politicians will once again rescue capitalism and avert an economic crisis by creating more debt.

U.S. Presidential Candidate Stewart Alexander notes, during the past decade, many of these professional politicians have doubled the size of the U.S. government. “The two corporate parties of big capital have also quadrupled the size of government within the past 20 years through increased spending and raising the debt ceiling over and over again, creating more debt for working people.”

More than 71 percent of all Americans are opposed to raising the debt ceiling. Stewart Alexander says working people understand debt better than these professional politicians and President Obama. “This is how it is done by most working people. We calculate how much has been deposited into the checking account. We calculate how much is owed in bills, and we pay our bill keeping our check book balanced.” Alexander says when the checking account is near empty, “these professional politicians want to use the U.S. credit card to go on a spending spree.”

Alexander says socialists, nationwide are deeply opposed to raising the debt ceiling; Washington must cut spending. “Subsidies must be cut; the welfare checks to big corporations and big oil. It’s time to end the big tax breaks for big corporations and billionaires. Socialists are also calling for deep cuts in U.S. military and defense spending.” Alexander says making cuts in healthcare programs, programs for children, seniors, the homeless, the unemployed, Medicare, Social Security and social programs are off the table.

Stewart Alexander says “Working people should not fear the August 2nd deadline to raise the debt ceiling; the government will not collapse. It is time for President Obama and these professional politicians to attend credit counseling.”

For more information search the Web for: Stewart Alexander for President; Stewart Alexander 2012

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U.S. Election 2012- Stewart Alexander Says Obama Could Lose in 2012

U.S. Election 2012: Alexander Says Republicans Can’t Win against Obama

Polls Find Lack of Passion for Republican Candidates

Article by Stewart Alexander

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Stewart Alexander for President receives official endorsement from Freedom Press; The Official Newspaper of United Left

Left United’s Editorial Action Wing- Stewart Alexander 2012:

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