There was a brief moment a few years back when concerns over the size of the budget deficit were leading to some discussions of the long-term fiscal imbalances and the potentials for a grand bargain. But with last month’s budget deal, the debt is no longer on the agenda. As Alex Seitz-Wald notes in National Journal:
While it’s easy to miss the disappearance of something, the change is glaring if you know where to look. You can see it on the House and Senate floors where, last month, Republicans uttered the word “debt” just 225 times, down from 3,188 mentions in July 2011, according to the Sunlight Foundation. You could see it in President Obama’s latest State of the Union address, which mentioned budget deficits almost two-thirds fewer times than his 2011 speech.
None of this should be a surprise, of course. Election season will soon be upon us and one can be certain that no one wants to run on the promise to cut universal entitlements and/or raise taxes when there are all those hot button issues to exploit and so many babies to kiss. Just don’t tell the babies about the problems they will face in adulthood.