Obama was recently handed (by the Tea Party) an opportunity to move to the middle of American politics, but he just could overcome his Leninist tendencies.....he fought against the Cut, Cap and Balance legislation offered up by the House of Representatives, and previously in Bowles-Simpson...Obama and the Democrats don't want a balanced budget; they want to spend, spend, spend; an ever-expanding government, more debt, more dependencey......it is Obama's socialists wet dream !
But European leaders Merkel and Sarkozy know that runaway government debts are dangerous and are now moving to adopt their own "balanced budget" requirements for all euro-zone countries !!!
http://www.startribune.com/business/127819633.html