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Marshall Auerback: Barack Obama The Nations First Tea Party President
Marshall Auerback: Barack Obama – The Nation’s First Tea Party President « naked capitalism
Seems progressives like Auerback are getting starting to become very wary of Obama.
For all its talk of the importance of averting a debt default, Barack Obama.is increasingly signaling that major deficit reduction has become more than just a bargaining chip to bring Republicans aboard a debt deal. He actually believes that cutting entitlements and reducing the deficit are laudable goals, which would mark transformational moments in his President. Lets face it: the man is not a progressive in any sense of the word; hes a Tea Party President through and through.
To be sure, its tough to make the case that the Tea Party has anything like a genuinely coherent political platform. They hate entitlements, but one of their leading voices in the Senate, Rand Paul, conspicuously avoided any talk of cutting Medicare during his campaign (unsurprising, given how much of his income as an ophthalmologist involved treating Medicare patients). You have Presidential candidate, Michelle Bachmann, pledging never to raise the debt ceiling, yet proposing to slash the federal corporate income tax and eliminate the capital gains and estate taxes.
Marshall Auerback: Barack Obama – The Nation’s First Tea Party President « naked capitalism
Seems progressives like Auerback are getting starting to become very wary of Obama.