Speaking in suburban Maryland on Thursday, President Obama continued to spread fear about the consequences of not raising the debt ceiling.
He noted that the U.S. has never before failed to raise the debt limit: “And you know, the United States is the center of the world economy, so if we screw up, everybody gets screwed up. The whole world will have problems, which is why, generally, nobody’s ever thought to actually threaten not to pay our bills. It would be the height of irresponsibility.”
But in the next breath, the president said he will not negotiate with Congress, even though everybody will get “screwed up” and “the whole world will have problems.”
“And that’s why I said this before. I’m going to repeat it. There will be no negotiations over this,” Obama insisted.