Obama: The Debt Not a Short-Term Worry

by Ryan on September 19, 2012

in Economy,Election 2012,Media,Media Bias,Politics,Pop Culture

Try not to gag too much during this clip from Letterman last night.  Skip to about 2:00 for the key part:

Philosophically, the whole clip makes me want to gag.  The entire concept of “paying” for tax cuts implies that the revenue itself is not ours, it’s theirs, which strikes at the very heart of the concept of money as private property.

But, I digress.

In this clip Obama clearly doesn’t want to talk about the debt in any meaningful way.  Like clockwork, he delivers on his obligatory “Bush’s fault” laundry list of all the travails he’s had to endure… as he’s talking on Letterman… on his way to an exclusively posh fundraiser with Jay-Z and Beyonce.  Woe is he! Woe is he!

Seriously?  No wonder he muffed the debt figure while implying that in the short-term these debts aren’t a big problem.  Nearly $6 trillion in less than four years not a serious worry until some far-off date?  Perhaps to an academic trying to sound smart in front of the plebs, but not to the rest of us tuned into the debt crisis.

Rest assured, reelecting Obama will not change our trajectory at all except, perhaps, to exacerbate the mess we’re already in.

{ 1 comment… read it below or add one }

Eric Lindholm September 19, 2012 at 6:47 pm

Perversely, this gives me heart that Romney is going to smack Obama in the debates: everything he says is so utterly predictable that Mitt only needs to wait for the setup. Also, there’s a reason he visits suck-ups like Letterman or gives interviews to People magazine: he knows he won’t get a serious rebuttal and/or follow-up.

Oh, we should cut programs that “don’t work” – name one, champ.


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