Yesterday, Pres BO faced another dose of reality and he refused to lead again.
Our financial problems are structural.
There is no solution or slogan that will fix any of this.
They were not created by one president or Congress. Instead, we are now coming to terms with 70 years of a federal government "trying to do too many things" and taking care of too many people who should be taking care of themselves.
We don't have Europe's unsustainable welfare state but we have our own little version of "too many promises" and not enough cash to pay for them.
We actually need a leader who will tell us what we need to hear rather than the campaigner who told "18 year olds" what they wanted to hear in 2008!
Mr. Obama was chased to George Washington University yesterday because Mr. Ryan and the Republicans outflanked him on fiscal discipline and are now setting the national political agenda."
The answer is that Pres BO has a very disillusioned base. They voted for change and got Obama!
Again, it was a lot easier when he was a campaigner, gave speeches and blamed everything on Bush!
P.S. Check out Thursday show and my commentary on Pres BO's speech: