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.
Allan Simpson went further, calling the failure to control entitlement spending “madness.” “Ten thousand [Americans] a day are turning 65,” Simpson told me. “This is madness. And life expectancy is 78.1, and in five years will be 80. Who is kidding who? This will eat a hole through America.”
Obama goes full diva calls debt crisis no big deal..