Black Agenda Report
Black Agenda Report
News, commentary and analysis from the black left.

  • Home
  • Africa
  • African America
  • Education
  • Environment
  • International
  • Media and Culture
  • Political Economy
  • Radio
  • US Politics
  • War and Empire
  • omnibus

The Sequestration Tango: Obama and GOP Dance Through the Graveyard of the New Deal
06 Mar 2013
🖨️ Print Article

A Black Agenda Radio commentary by executive editor Glen Ford

The Obama regime has been remarkably successful – in pushing forward a Republican agenda. Obama, especially, has “moved with such elegance and poise, his fans forgot that he was dancing with a partner: the GOP.” Together, they have starved the federal beast and forged a consensus on the inevitability of austerity. Let the gruesome-twosome take a bow.

The Sequestration Tango: Obama and GOP Dance Through the Graveyard of the New Deal

A Black Agenda Radio commentary by executive editor Glen Ford

“Austerity is the order of the day, and no one is more responsible for that catastrophe than Obama.”

Barack Obama’s mission has always been to destroy the left wing of the Democrats in order to consummate a grand bargain – a melding – of the corporatists in both major parties. He entered national politics as a newly-minted member of the Democratic Leadership Council, which dispensed corporate campaign money to business-friendly candidates and incumbents. Ten years later, President Obama has succeeded beyond our worst fears. Black politics is in utter ruin, and the collapse of the Democratic Party’s left wing is all but complete. Austerity is the order of the day, and no one is more responsible for that catastrophe than Obama, who has waged war on so-called entitlement programs since the polls closed in 2008.

He packed his presidential team with the same gang of finance capitalists that Bill Clinton had allied with to consummate his Grand Bargain of 1999: the deregulation of the banks. Obama assumed the presidency with the economy in ashes as a result of what Clinton had wrought a decade before. Immediately, Obama turned the music back up, and the Corporate Tango began anew, full of choreographed emotion, stage-managed drama and canned passion. But the dancers – Obama and the Republicans – were all going in the same, preprogrammed direction: a backwards, counter-clockwise promenade to the Right, a dance through the cemetery of Franklin Roosevelt’s New Deal.

“Obama was playing the old Republican game of ‘starve the beast.’”

Obama moved with such elegance and poise, his fans forgot that he was dancing with a partner: the GOP. In 2011, following Obama’s lead, the loving couple initiated their sequestration, a timed sequence of moves that would ultimately force the gutting of Social Security, Medicare and Medicaid, along with a whole host of discretionary social programs.

As is required when doing the Corporate Tango, Obama lied through his teeth, swearing during his third presidential debate that he never proposed sequestration. But Gene Sperling, the White House National Economic Council director, was so proud of the sequestration gambit, he confessed that it was all part of the grand plan to put entitlements on the block. Obama claimed he’d been looking out for the government’s tax revenues. But the liberal economist Jeffrey Sachs put together a chart that showed Obama was playing the old Republican game of “starve the beast”; that he had undermined the government’s ability to pay for itself by supporting the vast bulk of President Bush’s tax cuts; and that the results matched Obama’s 2009 projections for government spending over the next four years, almost exactly. Obama’s train was running right on time.

Polls show that the Republicans are getting the blame for sequestration, but the stock market is hitting new heights now that austerity has triumphed, and that’s all that really matters to the moneyed classes, whether they are wearing Republican red or Democratic blue. They have won – at least until the next economic collapse, or until a new opposition to the rule of capital can be constructed. That will not happen anywhere near the event horizon of the Democratic Party, which has followed Barack Obama into the black hole of Wall Street. Once you go Goldman Sachs, you never go back.

For Black Agenda Radio, I’m Glen Ford. On the web, go to BlackAgendaReport.com.

BAR executive editor Glen Ford can be contacted at Glen.Ford@BlackAgendaReport.com.

 



Your browser does not support the audio element.

listen
http://traffic.libsyn.com/blackagendareport/20130306_gf_SequestDance.mp3

More Stories


  • Anthony Karefa Rogers-Wright
    Unprincipled, Unstrategic, and Unsustainable: e(U)logy for the U.S. Climate “Movement”
    13 Nov 2024
    The ineffectiveness of the climate movement during the 2024 election signals its inevitable collapse. But from the rubble, a new movement dedicated to the working class can be built.
  • Fedaa al-Qedra
    Palestinian surgeon survives Sde Teiman and Ofer Prison
    13 Nov 2024
    The heartwrenching story of Dr. Khaled Al Serr is a haunting example of the barbarity of the Israeli entity and the strength of the Palestinian people.
  • Stanley Kwabla Arku
    Niger to Host Conference in Solidarity with the Sahel Amid its Anti-Imperialist Upsurge
    13 Nov 2024
    Activists from across Africa and the world will gather in Niger from November 19 to 21 for the “Conference in Solidarity with the Peoples of the Sahel”.
  • Noah Hurowitz
    Congress Is About to Gift Trump Sweeping Powers to Crush His Political Enemies
    13 Nov 2024
    The House is set to vote Tuesday on a bill that would let the administration destroy nonprofits it claims support terrorism.
  • Black Agenda Radio
    Black Agenda Radio with Margaret Kimberley
    Black Agenda Radio November 8, 2024
    08 Nov 2024
    In this week’s segment, we discuss whether Donald Trump will maintain or change the foreign policy positions he carried out in his first term. But first, we analyze the 2024 election domestically and…
  • Load More
Subscribe
connect with us
about us
contact us