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However, he was very comfortable explaining plans for reducing the deficit, implementing debt plans, and explaining the importance of having a budget, and not just giving speeches!
Working out and implementing debt relief may simply prove politically unworkable.
Even the Department's highest cost estimate of implementing debt relief under the rule -- $42.7 billion over 10 years -- is a tiny percentage of the more than $1 trillion projected loan volume over the same 10-year period, or the $1.3 trillion in current outstanding federal student loans.
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Generally speaking, implementing debt-free college involves increasing federal and state spending while pressuring colleges to cap or reduce student costs.
And this week's shocking refusal to implement debt relief by the acting director of the Federal Housing Finance Agency — a Bush-era holdover the president hasn't been able to replace — illustrates perfectly what's going on.
Privately, Glencore's aides insist the firm is stable and talk about continuing to implement "its debt reduction plans", a programme to cut borrowings by $10bn that was forced on it by shareholders and announced earlier this month.
And then you move on – you have to try as hard as you can to get Gleneagles implemented – the debt issue was carried in the first eight months, and the G8 has done maybe 60%, maybe less, of what was promised.
In a statement early Monday morning, the Greek Finance Ministry said that delegations from the Socialist Party and New Democracy met on Sunday "to discuss the time frame of the actions" to implement the debt deal, and added that the two parties regarded Feb. 19 as "the most appropriate date for elections".
The new unity government, in which the major Greek parties would share power, is widely expected to be led by a nonpolitician and to govern for several months, long enough to implement the debt deal and pass a budget for 2012.
At Brownlee's instigation, the Greenfield government had implemented a Debt Adjustment Act, which allowed farmers in Alberta's drought-stricken southeast to access credit counselling services and provided a way to settle creditors' claims without ruining farmers or resorting to litigation.
The rest of the Obama second term would be about reasonably small things: some new infrastructure programs; more math and science teachers; implementing Obamacare; mounting debt; a president increasingly turning to foreign affairs in search of legacy projects.
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