Letting the 1% Off Easy: Populism and Pain in Obama’s Budget | | AlterNet

Letting the 1% Off Easy: Populism and Pain in Obama’s Budget | | AlterNet.

Obama’s budget has a populist tone, appeals to the middle class, and has some good proposals, both on investment and revenue-raising. But it also reflects the strict spending caps mandated this past summer by the Budget Control Act and hits some struggling families hard. It doesn’t go nearly far enough in revenue-raising. He has to bow to the big banks bankrolling his campaign. We all knew this would happen.

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About civilitasnovus

Political junkie
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