"This debt crisis coming to our country. The wall and tidal wave of debt that is befalling our nation. Medicare and Social Security go bankrupt within ten years, we have a debt that is looming so high that in the last year of President Obama's budget just the interest payments on our debt is $916 billion dollars"
About this Quote
The intent is twofold: legitimize austerity as realism and preemptively frame cuts to Medicare and Social Security as rescue, not retreat. By placing those programs at the center, Ryan taps a deep American anxiety: not just economic decline, but betrayal of an intergenerational promise. “Within ten years” is the key rhetorical accelerant. It compresses complex actuarial projections into a countdown, inviting urgency over deliberation.
The $916 billion interest figure does similar work. Big numbers are politically versatile because they feel self-evident; they don’t need context to land. The subtext is that Obama’s budget is not merely expensive but irresponsible, even decadent, with interest payments cast as money burned for past sins. In the post-2008, post-stimulus moment, that framing helped Republicans pivot from crisis spending to deficit alarm - and made entitlement reform sound like the only adult option in the room.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Ryan, Paul. (2026, January 16). This debt crisis coming to our country. The wall and tidal wave of debt that is befalling our nation. Medicare and Social Security go bankrupt within ten years, we have a debt that is looming so high that in the last year of President Obama's budget just the interest payments on our debt is $916 billion dollars. FixQuotes. https://fixquotes.com/quotes/this-debt-crisis-coming-to-our-country-the-wall-91011/
Chicago Style
Ryan, Paul. "This debt crisis coming to our country. The wall and tidal wave of debt that is befalling our nation. Medicare and Social Security go bankrupt within ten years, we have a debt that is looming so high that in the last year of President Obama's budget just the interest payments on our debt is $916 billion dollars." FixQuotes. January 16, 2026. https://fixquotes.com/quotes/this-debt-crisis-coming-to-our-country-the-wall-91011/.
MLA Style (9th ed.)
"This debt crisis coming to our country. The wall and tidal wave of debt that is befalling our nation. Medicare and Social Security go bankrupt within ten years, we have a debt that is looming so high that in the last year of President Obama's budget just the interest payments on our debt is $916 billion dollars." FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/this-debt-crisis-coming-to-our-country-the-wall-91011/. Accessed 9 Feb. 2026.


