President Barack Obama cited the lengthy battle over the debt ceiling as “evidence of the need for more radical reform of the way we do business in this country.”
“Democracy isn’t always a good thing,” Obama suggested. “Members of Congress are elected by vastly divergent constituencies. The institution is incapable of speaking with one voice. Consequently, precious time was lost by the requirement to gain legislative approval for what we all knew needed to be done. It wasn’t bad just for me. Members of Congress had to put in long hours arguing over minutia that ultimately won’t matter. They could’ve spent that time enjoying life, recreating, being with their families.”
The President characterized the debt ceiling legislation’s “Council of 12” as a step in the right direction. “One good thing that came out of this struggle was a provision to streamline the legislative process,” Obama said. “Instead of having to deal with 100 senators and 400 representatives, a council of 12 members will have plenary powers to control future spending and taxes. Thankfully, none of those who voted against the debt ceiling bill are eligible to serve on this council. So, while we haven’t completely freed ourselves from the impediments of Congress we have significantly reduced its impact.”
“I am optimistic that if things go according to plan we will after 2012 achieve a more unified governing process,” the President added.
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