Barack Obama, Austerity President

[mountain_hiker]

I hope all of those Republicans who claim that this administration spends too much sees this article. Of course, I suppose it can be claimed that the Republican-controlled House was partly responsible, too. There are charts in the linked article.

Barack Obama, Austerity PresidentImagine an alternate reality where the first term of President

Comments

[etherealtsuki]

I don't it's completely fair to pin all of this on Obama. It's the result of something that has been gestating for 30 years now. It mind-boggling how many Americans are ignorant on just the basics of how their economy works. The recovery would be much quicker if taxes rose. But to even imply that is political suicide now. Taxes has been demonized to the point that is now hurting the economy. People don't realize cuts like austerity measures are like putting a tiny bandaid on an open wound like slash another wound in a different area of the body. People vote in assholes because they want lower taxes even though we are being currently taxed the lowest since people kept track of this shit. It's like people, pretty much White people, want to go back to those idyllic 50s when (1) it was never like that especially for POC who don't have the privilege of thinking the 50s were awesome and (2) Americans were taxed much higher then than now

[wemblee]

I don't it's completely fair to pin all of this on Obama.

+1,000

[awfulbliss]

This is a ridiculous article for some of the reasons outlined in the comments section.