[Obamas SOTU address was] a vapor-thin rhetorical veneer for a center-right presidency whose real accomplishment has been to re-inflate the Wall Street casino, flush the last vestiges of secure employment out of the economy, and put the imperial war machine back on the offensive. ...in late capitalist America ... both parties cater to the needs of the moneyed classes; one, shamelessly, without inhibition, the other through deployment of talented liars like Obama. “The shadow of crisis has passed, and the State of the Union is strong,” said Obama, reflecting the corporate consensus that the rich can safely get on with the business of appropriating to themselves the wealth of the world. “Over the past five years, our businesses have created more than 11 million new jobs,” he said, failing to clarify that the vast majority of these jobs are low wage and highly insecure, or that five million workers have dropped out of the job market – half a million in December, alone. The economy inhabited by the vast majority of Americans grows smaller and more cutthroat, with nearly all the new wealth accruing to the rich...
Posted on: Wed, 21 Jan 2015 22:41:03 +0000
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