The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.NEW YORK ( TheStreet) -- President Obama wants a big deficit reduction deal -- a long-term solution to the nation's unbalanced finances. Yet, what the president and Republicans propose -- even if both could accept much of what the other offers -- would only delay the inevitable. Like Greece, America's finances will grow worse and worse. The U.S. is suffering from not enough growth. At 2%, GDP is advancing at the pace of worker productivity; hence, jobs creation is near zero, wages declining and tax revenues lag growth in government expenses. The big budget busters -- Medicare, Medicaid and Social Security -- will continue to far outpace GDP and tax revenue. What comes out of budget negotiations could buy time through 2012, but make will make the growth problem worse, not better.