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Obama has been a complete failure on jobs and the economy.
There is one striking difference between now and the 1930s. In the 1930s, a section of the ruling class in the United States, under conditions of social upheaval, was compelled to advance an agenda of social reforms. The government oversaw significant federal works programs as well as the introduction of Social Security.Nothing of the sort is being offered today. Instead, under the leadership of the Obama administration, the economic crisis is being used as an opportunity to reverse all these previous gains. The Democrats and Republicans confine their “debate” to how many trillions of dollars to slash from federal spending on Medicare, Medicaid, food stamps and Social Security. The watchword from all the big business politicians is that there is “no money” to meet the social needs created by the economic crisis and mass unemployment.
Like good neoliberals.
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