Matt Bai Misses the Boat

with his depiction of this president as a "progressive" and not a "populist." Obama, in fact, is neither. He is not Roosevelt, either one of them, and in fact is more in line with his "hero" Ronald Reagan when it comes to policies. He's clearly to the right of Carter and Clinton, two of the more "conservative" Democrats we have had in recent decades.

The truth is Obama is a neoliberal, or Friedmanite, and all of his policies point in that direction, most egregiously in the field of education.

Friedmanite ideas and policies have been discredited and debunked, but our politicians, including Obama, continue to peddle this garbage because that is what their financial backers still believe.

They believe it because Friedmanism benefits THEM, while everybody else is screwed over.

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