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At the same time, increased corporate and elitist rights were planned. Robin Hood economic recommendations followed. They included sharply lower corporate taxes and permanent research and development tax credits.
Other proposals offered ways to implement budget cutting on the backs of people least able to afford it. The train left the station. Yearend initial measures will be announced. If not then, expect early 2013 clarity.
They'll conceal what's really at stake. Destroying America's social contract is planned. Key is eroding Social Security, Medicare, Medicaid, and public pensions en route to eliminating them altogether in their present form.
Before taking office, Obama fully agreed. Otherwise, someone else would have been the Democrat's standard bearer. Only those willing to spurn essential rights, erode those in place, and wage war on humanity need apply.
Obama qualified long before arriving in Washington. He was chosen for his support for wealth, power and privilege. He proved it multiple times in office.
He instituted numerous austerity cuts. Biggers ones lie ahead. He and House Speaker John Boehner are close to announcing initial measures. They'll impose crushing burdens on millions least able to afford them.
Robin Hood economics best describes them. New York Times duplicity portrays Obama as people friendly. His anti-populist harshness is hidden.
Times rhetoric reinvented him as opposing "budget cuts in a weak economy," demanding "Bush tax rates expire," and offering Republicans "no give on his campaign promise to ensure that the rich will pay more as part of" any deal struck.
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