Tuesday, August 23, 2011

Even If It Hurts

Corporate Democrats like Obama will lead us to the exact same place as Republicans — toward the dismantling of Social Security and Medicare — because raising the revenue necessary to protect those programs won’t fly with Wall Street. Some may say the GOP will take us there faster, but that’s not necessarily true. If fiscal collapse occurs on Obama’s watch, the right wing will blame it on Obama’s “socialist policies.” Many Americans will believe this lie because they have not heard anyone articulate a progressive alternative to Obama’s policies. The result will be a stronger right-wing backlash and further devastation of what remains of America’s social safety net.

For all these reasons, progressives must challenge Obama and other corporate Democrats, even if it means a different president takes office in 2013. (emphasis added)
~ from Wall Street Pulls Obama’s Strings by Leonard C. Goodman ~

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