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Obama’s lackadaisical attitude to mounting federal debt

September 20, 2012 by B. Daniel Blatt

Commenting on the president’s remarks on the national debt on the Late Show with David Letterman, Jennifer Rubin observes how blasé the chief executive is about the $16-trillion national debt ($7 trillion above the level he considered to be ““irresponsible” and “unpatriotic“)

Obama thinks it’s not a big deal, which certainly explains why his four budgets have each had a trillion-dollar deficit and why he never has made an effort to attack the main driver of the debt — namely, entitlement spending. The president’s lackadaiscial attitude does not match the sense of urgency expressed by every bipartisan panel that has looked at the debt, including the Simpson-Bowles debt commission.

There seems to be an incredible disconnect between the way Barack Obama talks and the way he has governed.  Still presenting himself as an almost neutral arbiter between seemingly irreconcilable opponents, he insists on the imperative of getting “that debt under control. . . in a balanced way.”  Only problem is, the trillion-dollar deficits referenced above, that he’s had nearly four years to offer a “balanced approach” and has so far failed to do so.

Stephen Hayes observes that the budget the president presented in 2012 “never balances – it never comes close.”  The president has not put forward any plan to address the skyrocketing costs of entitlements.  Even Erskine Bowles, one-time Chief of Staff to then-President Clinton said that no one took the president’s “budget very seriously. . . the Senate voted against it 97 to nothing.”  (Via Hayes).

This video helps  contrast Barack Obama’s promises to cut the debt with his record in office.  And it shows him almost indifferent to an issue which 86 percent of the American consider extremely or very important.   Not just that, we see him demonstrating a certain indifference to the national debt.  We don’t see him as a man determined to addressing the nation’s debt crisis.

Don’t you think our news media should devote as much time to this clip as they have to Mitt Romney’s controversial statements?

FROM THE COMMENTS:  V the K observes that in the interview, the Democrat “says that the debt is not an issue in the short term. Meaning: He believes the disastrous effects of massive debt will not hit during his presidency; hence, he doesn’t care.”

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Filed Under: 2012 Presidential Election, Economy, Media Bias, Obama Incompetence

Comments

  1. V the K says

    September 20, 2012 at 6:13 pm - September 20, 2012

    In the Letterman interview, the SCOAMF says that the debt is not an issue in the short term. Meaning: He believes the disastrous effects of massive debt will not hit during his presidency; hence, he doesn’t care.

  2. V the K says

    September 20, 2012 at 7:00 pm - September 20, 2012

    The SCOAMF also says it’s “natural” for Mohammedans to riot in response to offenses to their religion.

    Seems like a rather low opinion of Mohammedans. Would it be “natural” for Mormons to demand the murders of the producers of The Book of Mormon?.

    President Definitely-Not-A-Muslim is also on the air in Pakistan in an advertisement denouncing those who insult Islam.

  3. Sebastian Shaw says

    September 20, 2012 at 7:14 pm - September 20, 2012

    He wants more debt to create his Marxist netherworld in America.

  4. Nan G says

    September 20, 2012 at 8:59 pm - September 20, 2012

    Obama is doing what the Cloward/Piven strategy demands: breaking our country from the inside.
    WHY he is doing it is a question mark.
    Is it because he is so pro-Islam he wants Sharia here?
    Is it so he can be an elite among the proles in a commie state?

  5. V the K says

    September 20, 2012 at 9:29 pm - September 20, 2012

    Do you honestly think a guy who’s attending fundraiser parties with Champagne Pyramids (right after four American diplomats are murdered by terrorists) is worried about the deficit?

  6. davinci says

    September 20, 2012 at 11:17 pm - September 20, 2012

    Comrade Obama is not lackadaisical about fundraisers, his golf game, or shooting hoops. He is like a man child, doing what he prefers than what he was elected to do. It’s a pity we put in the Oval Office a 17 year old mind in a 51 year old body.

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