There has been no shortage of dire warnings about the mounting US national debt, but President Obama is now offering a different assessment: no big deal. “We don’t have an immediate crisis in terms of debt. In fact, for the next 10 years, it’s gonna be in a sustainable place.”
The president is in his own bubble. He is already a lame duck. He is irrelevant. He is in over his head and doesn't have a clue as to what is going on. The next crisis is going to hit about 2016 or 2017, about the time his term ends.
Obama, go back to watching basketball on television and golfing. The next president will be forced to deal with the mess.
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