Outside my door.
Karen Garcia at Sardonicky has an erudite, insightful essay on what she has designated as Obama's Lollapalooza Legacy (about which many of us (his past and current supporters) are starting to see much more clearly and are deeply worried about our leadership for the long term). Read it and see whether you agree with me about her perspicacity.
At the end of her essay is a link to one of Gaius Publius' essays. Gaius is a knowledgeable reporter, well known in blogtopia, who is calling Obama's second four-year term merely the Legacy Tour (for celebrating his achieving the Neolib Agenda). I've run most of it below. Please go to their respective sites for much more of their journalistic brilliance.
I guarantee you'll learn something from their essays (or at least I did).
Barack Obama’s Economic Legacy: His Four Must-Have Items
3/27/2013
Gaius Publius
Comments
I’ve been writing about Obama’s Legacy Tour (sorry, his second term) from time to time without focusing on the legacy itself. So this post will lay down a marker — in brief, what’s on Obama’s economic legacy list, and what will he get if he succeeds? Consider this the Legacy View from 10,000 feet.
I think the whole of Barack Obama’s two-term economic agenda is topped by these four items:
- Health care “reform” — a privatized alternative to Medicare expansion
- A “grand bargain” in which social insurance benefits are rolled back
- Plentiful oil & gas and passage of the Keystone Sludgepipe (KXL pipeline)
- Passage of the Trans-Pacific Partnership (TPP) trade agreement
Notice, by the way, that these are his economic wants. His social agenda — gay rights, women’s rights, immigrant rights and the rest — well, I’ll leave it to you to decide how hard he’s fought for these things, and why he’s fought for them (or not). This piece is only concerned with his economic wants. Why? The reason is here.
Why do I think he wants these things strongly? Occam’s switchblade: Because he acts like it. If you disagree, let’s wait till the Obama show is over, then show me the economic policy he’s fought for harder. (And no, I’m not counting the tepid stimulus tied to the bankers’ Never Go To Jail card. That was on his list (and he won), but it doesn’t top the items above. I think you could argue that this was his forced response to the end of the Bush II crisis, something he had to do before moving onto his own must-have agenda.)
What’s his purpose in pushing for these items?
I’ve examined each of these items separately before, and will again. (For newbies, the TPP discussions are here and here.) But I want to short-form the discussion. What does Obama get out of each of these high-priority items? Taking them one by one, a summary:
So that’s the big four. Remember that list —
Benefit cuts (in process)
Keystone (coming)
TPP trade agreement (coming)
Did you notice? Every item on that list promotes billionaire wealth. By a lot. Obama got the first one, is working on the second, and he has more than three years to get the last two. Then he’s out of office and into Clinton land.
All four have to be blocked. We screwed up on the first — thanks, Dennis “Plane Ride” Kucinich and the other “bold” progressives in Congress. But we can still win the other three.
What does post-presidential Obama look like?
Post-presidential Obama looks like post-presidential Bill Clinton: World-wide acclaim. Sneaky neoliberal “do-gooder” foundation. Library (with obscure funding). And Bill Clinton money.
Since every item on his list promotes billionaire wealth, he’ll get Clinton money and then some (inflation, don’t you know, plus added value for extra effort). That means he’ll also get the Big-Money-funded foundation (“The Barack Obama More-for-Them Institute”), and of course, the donor-compromised library.
But what about reputation and acclaim? In my estimation at least, likely not. The man may have to live with disappointment after all.
As I noted earlier, things are coming to a head, on many fronts. If they do, James Galbraith may be right (as quoted here):
For if and when he ventures out, for the rest of his life, the eyes of all those, whose hopes he once raised will follow him. The old, the poor, the jobless, the homeless: their eyes will follow him wherever he goes.
As a policy and political project, neoliberalism is wedded to the privatization of public services, selling off of state functions, deregulation of finance and labor, elimination of the welfare state and unions, liberalization of trade in goods and capital investment, and the marketization and commodification of society.
As a form of public pedagogy and cultural politics, neoliberalism casts all dimensions of life in terms of market rationality.
One consequence is that neoliberalism legitimates a culture of cruelty and harsh competitiveness and wages a war against public values and those public spheres that contest the rule and ideology of capital. It saps the democratic foundation of solidarity, degrades collaboration, and tears up all forms of social obligation.
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