Did you know that Obama is a socialist or a Nazi and that the budget deficit is all his fault? That is what the right wing spin machine and the tea party wants you to believe.

The facts are the opposite. Obama actually is very mainstream economically as shown by his appointment of the Treasury Secretary who came from Wall Street. The health care bill is not radical, and it helps insurance companies to get more insured people thru mandatory coverage. It also increases competition using exchanges which may not help the insurers but is capitalistic.

In addition the defecit was increased prior to Obama and his programs of increased spending are only necessary to fix the mess he inherited. He even helped the banks by giving them cheap money (he should have loaned it directly to us at the low rate) and this policy is not socialistic, in fact the effect is the opposite beacause it allowed banks that should have failed to make profits using taxpayer money. Wall Street also approves as shown by the stock market.

The Obama perception is therefore another case of right wing media leading the perception and everyone taking the bait. Could you imagine what the perception would be if Obama really followed liberal policies? This is why he is afraid of going too far.

Related Posts:

  • No Related Posts