What he means is the debt is inconsequential as long as nobody has the balls to come collect.
And he's right, the debt is not Obama's fault at all. Lot's of things Obama can be blamed for, that ain't one of them.
thats like saying its inconsequential to beat an old lady as long as she doesnt have a knife or a gun on her
however
"national/ world wide" debt is an illusion theres no way to properly audit/ survey all that bullshit. we are not in any debt as a country its an illusion put in the media to create divide and unrest.
personal debt between man and another man is not an illusion its the real deal because it can be documented easily. you can never keep up with country to country transactions this is how the government media rep and demo's like to fuck everyone they just flood the airwaves with money going this that and the other way and you never ever know the truth
best to keep things on a personal level. keep the morals in check, its never right to not pay another man or hoe his due
these rich chinamen or rich usa men arab ect have everything they want, these are the people that run buisness for profit and have been for years and have been simply grandfatherd in thus they dont care if USA ows them a shitload of money theres no need to do "repossession" or a forecable collection theres simply no need, but they get a kick out of worrying the shit out of the average meat eating USA'r into beleiving all of this economical crisis bullshit
. Nothing wrong with that but people dont need to beleive this country is in debt and we arent in debt to our government but we are to our credit card companies unless we act stupid with our personal credit cards. So be responsible personally dont get caught up in the rooting for obama this romney that bullshit