State of the Union speeches are typically unimpressive and unmemorable. Last night’s address by President Obama was in that tradition. While his delivery was fine, the speech itself was mediocre — flat, undisciplined and unfocused, at times pedestrian and banal, with goals seemingly pulled out of thin air (e.g., by 2035, 80 percent of America’s electricity will come from clean-energy sources).

The speech was also oddly uncreative, with Obama dusting off slogans and ideas from past State of the Union speeches. For example, on the campaign trail in 2008 and during the first two years of his presidency, Barack Obama portrayed himself as the great enemy of earmarks. Perhaps the reason he has to keep reminding us of his antipathy for earmarks is because he has repeatedly signed into law legislation that contained thousands of them.

Still, this doesn’t mean the speech was unimportant. It was, in fact, quite significant in terms of highlighting the president’s cast of mind and how he understands, or fails to understand, the moment we’re in.

The State of the Union address reaffirmed that Barack Obama remains a man of the left. He spent most of the speech championing an array of new programs, explaining why he believes we need to expand the size, reach, scope, and cost of the federal government.

It was as if the president were awakening Leviathan from a two-year slumber rather than two years of hyperactivity.

Beyond that, though, Obama spoke as if he were living in an alternate universe — one where a $14 trillion debt and trillion dollar a year deficit don’t exist; where our entitlement programs are basically solvent and sound, in need of, at most, tweaking around the margins; and where the 2010 midterm election wasn’t a repudiation of the president’s progressive agenda.

The president dealt with our fiscal crisis as if it were a triviality, its importance on par with the need for more solar panels and high-speed rails.

Mr. Obama, I think, is misreading the public mood. Many Americans are unnerved by our fiscal imbalance, which helps explain the rise of the Tea Party movement. But whether or not Obama is out of touch with the public is, in one respect, irrelevant. Facts are stubborn things — and the fact is that we’re facing a crushing entitlement crisis that is getting worse literally by the hour. If we don’t come to grips with it soon, we are likely to experience something similar to the social unrest that is sweeping Europe.

More than mediocre, then, I found the president’s speech to be irresponsible. As the elected leader of the nation — and as one of the architects of our fiscal crisis — Obama has an obligation to address it in a serious, systematic, and intellectually honest manner. Instead, he is eschewing his governing duties. He is living in a world of his own imagination. That might be fine for writers of fiction and fairy tales. But for the president of the United States, it is quite a bad thing indeed.

Peter Wehner is a senior fellow at the Ethics and Public Policy Center.