Mike Whitney
The Most Business-Friendly President Ever?
It's clear, the Obama team is worried that the president hasn't been sufficiently servile to win big business's backing in the upcoming 2012 presidential campaign. So they're pulling out all the stops to show that they can be bigger suck-ups than their Republican rivals. According to Bloomberg, there will be more pandering in the State of the Union Speech; a "call to promote greater accountability in the educational system" (charter schools), an "overhauling of the tax system" (a regressive flat tax), and "cuts to Social Security benefits". (the steady evisceration of a retirement safetynet) All of these will be wrapped in Obama's populist rhetoric and invoked as a way of "fighting unemployment". Obama might just turn out to be the most business friendly president in US history.
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