Irony Alert: Obama Promises Fiscal Discipline

This man has no shame.

President Barack Obama has promised Asia’s creditor nations that Washington will not let US borrowing spiral out of control, vowing a major drive to cut the budget deficit and restore global confidence in the US dollar.

“As the economy recovers, I intend to take serious steps to reduce America’s long-term deficit,” he told the Asia-Pacific Economic Co-operation (APEC) forum in Singapore. “Debt-driven growth cannot fuel America’s long-term prosperity.”