A repository for Marcospinelli's comments and essays published at other websites.

Obamanomics: A Counterhistory

Sunday, September 30, 2012


Obama's calling for more "austerity", and in his stump speeches he's promising long term hurt on the People.  Long term, beyond another term, beyond his presidency.  He's promising cuts to vital services when he should be calling for greater spending, more stimulus.  

Take a look at what's going on in France:

France has unveiled its budget for 2013, avoiding big austerity spending cuts in favour of higher taxes on the wealthy and big businesses.

French Prime Minister Jean-Marc Ayrault confirmed that there is to be a new 75% tax rate for people earning more than 1m euros (£800,000; $1.3m) a year.

This is what a Democratic president should be doing.
Read the Article at HuffingtonPost

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