The president once claimed that others wanted to kick "the can down the road." Well, the national debt has increased more during President Obama's three years of judicious rule than it did during eight years of a reckless George W. Bush. Whereas Obama once claimed that Bush deficits were "irresponsible" and even "unpatriotic," his latest budget projected a deficit of about $1.3 trillion, followed by a $901 billion deficit and then ones remaining in the hundreds of billions for 10 years after that -- or until some new emergency needs additional spending.
Don't get me wrong; the Ryan budget isn't perfect. After all, it's brimming with superb non-starters, such as the repeals of Dodd-Frank and Obamacare and the complete privatization of Fannie Mae and Freddie Mac. And it must also be pointed out that for many Republicans, fretting about debt is a newfound passion. Even today, Ryan's budget doesn't take on Social Security. The GOP won't go for real cuts in defense spending. On Medicare they're wobbly, and on farm subsidies some of them sound like members of the Fabian Society. So there is plenty of blame to go around.
But these days, we can see how utterly unserious Democrats are about the deficit and debt. They've offered no real plan. They're not even pretending anymore.
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