Well, the autocrat occupying the White House got his way. President Obama, with the able assistance of his worshipers in the mainstream media — i.e., the mainstream media in totality — forced the Republicans to give in on both funding the government and raising the debt limit, with no cuts of any kind, especially to ObamaCare. Obama promptly celebrated with a gloating, moon-in-your-face news conference, in which he bragged about his achievement.
And he promptly set a new record. The first day the limit was raised, he added an eye-popping $328 billion to the national debt — yes, in one day. This was the greatest addition to the US debt in history, eclipsing the earlier record of $238 billion added in one day. That one was set in 2011, by none other than Obama himself.
Actually, the neosocialist nabob set two new records. The second was, for the first time, a thrust of the national debt to over $17 trillion — to be exact, $17.075 trillion. This is hugely ironic, considering the fact that the fiscally incontinent Obama accused his predecessor of being “unpatriotic” for incurring far less debt.
The lapdogs in the mainstream media have not touched this story, although they were willing to run phony stories about how the poor citizens were suffering under the government shutdown and the “threat” of default (the only threat, of course, came from Obama).
Unfortunately, however, the debt story is even worse than indicated above. According to the deal Obama pushed for and won, he can add as much debt as he wants until February 7 of next year. That gives him four months to keep adding hundreds of billions a day, if he chooses.