In a statement that can only be described as bizarre, President Obama claims that our fiscal problems are the result of our failure to establish universal health care:
Well, we are out of money now. We are operating in deep deficits, not caused by any decisions we’ve made on health care so far. This is a consequence of the crisis that we’ve seen and in fact our failure to make some good decisions on health care over the last several decades.
In the real world, massive entitlement programs cost the government money. In the Obama world, apparently they somehow save money.