Why is Obama MORE CONCERNED about Greece's debt, than the debt he is creating in the USA?

President Barack Obama stated in an interview released Saturday from Russia’s Channel Rossiya that he was “very concerned” about the Greek debt crisis and its impact on European economies.





“I am very concerned about what’s happening in Europe,” Obama said during the interview conducted at the White House


http://usa.greekreporter.com/2010/05/09/…|||Greece's economic problems have been bringing down the world markets. The support plan for Greece and other countries has helped the markets rebound. Our national debt is a continuing issue but a fairly stable one.





Remember that in 1946, our national debt was 122% of our GDP. We nevertheless were able to help other countries. We prospered and so did they.|||His deficits go down every year, whether you ask him or the CBO. Name one conservative president who's deficits went down once never mind every year?








What makes you think that just because someone is concerned about something they are not concerned about something else? Is your IQ really that low?|||Because he can't keep blaming Bush forever and it is easier to point at others and ignore your own situation.|||if he said he was not at all concerned, (after all; he is supposed to be happy about destruction of economies-according to cons,) would that make you happy?





and you forgot to give us a link to the other half of the quote, where he actually says he is less concerned with US debt





you do have a source for the most pertinent part of your question: MORE CONCERNED...than the debt... in the USA





don't you?|||He's not, and your quote does not support your premise.





If I say I am concerned about your health, that does not mean that I am MORE concerned about your health than my own.|||Actually, Obama is concerned about out National Debt which is why he constructed the "National Commission on Fiscal Responsibility and Reform". The panel consists of both Republicans and Democrats including former Republican Sen. Alan Simpson of Wyoming, former White House aide Erskine Bowles, Sen. Tom Coburn (R-OK), Andy Stern, etc.





"the Commission’s objective is to put forward proposals to balance the budget excluding interest payments on the debt (the so-called primary budget) by 2015 and to meaningfully improve the long-term fiscal outlook. Meeting the medium-term target means that by the middle of this decade, we would be paying for the operations and programs of the federal government and not increasing our debt relative to the size of the economy; under current projections, the result would be stable overall deficits (including interest payments) hovering around 3 percent of GDP. The Commission will also examine changes to address the growth of entitlement spending and the gap between the projected revenues and expenditures of the Federal government over the long term."





The problem has been that we have been in a major economic downturn, and cutting government spending during a recession is one of the stupidest things you can do. Program cuts and spending reductions can only be responsibly done when the economy is stable, which is why that has to be accomplished first.