Wednesday, January 21, 2015

Obama Doesn't Mention Debt

In the article titled "What Obama didn't say," Ed Henry discusses how President Obama didn't make any mention of the national debt in his 2015 State of the Union Address.  He also made no mention of reforming entitlements like Social Security and Medicare even though Medicare is a large source of debt. Obama has increased the national debt by $7.6 trillion in the last 6 years, and it appears that this will continue to rise. Even though the government has more revenue than ever before ($3 trillion last year), it continues to spend more than it brings in.

With the omission of the national debt, it is clear that Obama will not make any pushes towards lowering the number in the next couple years. Since this cannot be avoided forever, it will hopefully be the next president who makes steps towards lessening the debt, so we can avoid paying large amounts of loan interest to foreign countries.

This is surprising that the national debt, which seems like one of the biggest issues facing this country, was omitted from the State of the Union. The Keystone Pipeline also wasn't mentioned by name, but that doesn't surprise me since Obama has already made his position clear and there have been extensive debates on it already.

2 comments:

  1. Well this article is inherently wrong. Obama did mention the national deficit in the State of the union when he said, "Instead, we’ve seen the fastest economic growth in over a decade, our deficits cut by two-thirds, a stock market that has doubled, and health care inflation at its lowest rate in fifty years." However, he did not expand much on the issue which really concerns me. Hopefully, the President's budget can help reduce the deficit while maintaining all of our programs.

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  2. Because the budget and the United States' debt is such a huge issue in the country today, the President should have talked about it in his speech more than he did. It is quite worrisome that the debt is so high because it doesn't look like there will be much improvement for a while. Hopefully in the future this will change.

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