On the other hand, Obama has had a now long history of attracting the electoral or moral support of, and then frustrating or working against, reform and progressive movements. In numerous policy arenas including climate, after exciting “hope” that change was imminent, Obama has supported corporate friendly actions by government often against the public interest. In numerous speeches, Obama has reinforced in a seemingly self-defeating manner, the deficit hawk creed that the US government is running out of money. His signature reform, the Affordable Care Act, attempts to extend health coverage by institutionalizing the roles of large profit-minded corporations within the already excessively expensive and profit-oriented American healthcare system. Despite a few critical remarks directed at Wall Street, the Obama Administration has been a steadfast friend to the bloated FIRE sector of the economy, favoring mere cosmetic reforms of the banking and financial system, the industry that blew up the world economy in 2007-2008. He has as well reinforced the covert war-fighting and surveillance capacities of the US government, belying his image in some (deluded) quarters as a “liberal” or someone who would be expected to care about civil liberties. neweconomicperspectives.org/2013/07/politically-fashionable-carbon-gradualism-vs-reality.html#comments
Posted on: Thu, 11 Jul 2013 02:57:41 +0000
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