https://hotair.com/headlines/archives/2013/02/12/sotu-will-obama-tell-young-people-how-much-the-governments-screwing-them/feed/HotAir is the leading conservative blog for breaking news and commentary covering the Biden administration, politics, media, culture, and current elections.en-usTue, 09 Jun 2026 08:01:35 -0400<![CDATA[The U.S. economy has been in a debt overhang since the 2008 financial crisis and there&#8217;s no reason to believe that President Obama is going to do anything soon to reduce the debt-to-GDP ratio. It&#8217;s fair to say that it&#8217;s not all his fault. As I never tire of saying, George W. Bush was a big-government disaster, but that can only take you so far. Obama owns the debt every bit as much as he owns the White House for the next four years. And, as the experiences of countries such as Canada and Sweden in recent memory and the United States after World War II attest, there are clear and proven ways to reduce debt-to-GDP and help goose the economy. But because that involves actually changing the status quo and cutting year-over-year spending, Obama is not interested. Indeed, he&#8217;s even bellyaching about the sequester &#8211; which was his idea, by the way. And younger Americans are willing to give him a pass.]]>Tue, 12 Feb 2013 17:22:48 -0500<![CDATA[Allahpundit]]>https://hotair.com/headlines/2013/02/12/sotu-will-obama-tell-young-people-how-much-the-governments-screwing-them-n100098