The greatest coup of the deficit hawks so far has been fostering an alliance with President Barack Obama, who has turned out to be as committed to fiscal austerity as almost any Democrat and more than many Republicans. Obama appointed two of Washington’s deficit hawks, Erskine Bowles and Alan Simpson, to head his bipartisan “National Commission on Fiscal Responsibility and Reform”. Obama’s true belief in the fiscal austerity “meme” may come from a number of sources: a naturally conservative character, a belief in bipartisanship as an end in itself, a long-term political strategy of protecting his right flank, endorsement of neoliberal principles altogether and perhaps, an interest in graduating to a comfortable post-Presidency mingling with the Washington and Wall Street elites. Overall Obama has governed as a moderate conservative rather than the liberal that his right-wing critics portray him as and that progressives wish he had been. Obama seems entirely in his element satirizing the now marginalized “Left” in the US and is hesitant, surprisingly inarticulate, and a little awestruck when he is attacked from the Right. The deficit hawks’ apparent victory consists not only in having an ideological ally in the White House but furthermore having that ally be the leader of the “left-ward” major political party in the US. This has pacified the resistance to austerity in the US so far.
This prick, meaning Obama, is hellbent on forcing "austerity" on the masses of people to bail out the crooks who tanked our economy.
And this will be the end of the Democratic Party if he does it.
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