"Austerity" is Being Shoved Down Our Throats

even though it is unnecessary and will do nothing to help the economy.

But that's the goal if you are a puppet of neoliberal gangsters and subscribe to the discredited economic cult yourself:

At the same time, Obama signaled to his real constituency—the corporate-financial aristocracy—that the cuts will be permanent. “In the absence of a decision on the part of the speaker of the house and others to put middle class families ahead of whatever political imperatives he might have right now,” Obama said, “we're going to have these cuts in place.”

He reiterated that his central targets are the core social programs remaining from the reforms of the 1930s and 1960s—Medicare and Social Security. Any eventual bipartisan budget deal, he made clear, would include major cuts in these entitlement programs.

Obama stressed that previous White House proposals—including slashing hundreds of billions of dollars from Medicare, raising the eligibility age for the program, and cutting Social Security benefits—remained on the table.

Obama is a no-good piece of human shit who needs to be run out of Washington. He doesn't give a damn about the voters.

Obama is the worst U.S. president ever.