Has he ever started one of these State of the Union infomercials with anything but "the state of the union is strong"? It just insults your intelligence. We are now at, what, 18 trillion in actual accrued debt, with an even more enormous mountain of unfunded entitlements. Just fiscal data alone shows we are anything but strong. There's no growing our way out of this debt, even if growth were being encouraged.
I just don't see how massive correction can be avoided, and at this point would we even want to avoid it? That's the problem with wealthy, successful civilizations -- they allow the massive growth of stupidity and mediocrity, which eventually places an insurmountable moral and intellectual burden on the country.
Let it burn. BITS, etc.