From The Guardian:
Fast forward to 2011: it is now beyond dispute that President Obama not only favours, but is the leading force in Washington pushing for, serious benefit cuts to both social security and Medicare.
This week, even as GOP leaders offered schemes to raise the debt ceiling with no cuts, the White House expressed support for the Senate’s so-called “gang of six” plan that includes substantial cuts in those programmes.
The same Democratic president who supported the transfer of $700bn to bail out Wall Street banks, who earlier this year signed an extension of Bush’s massive tax cuts for the wealthy, and who has escalated America’s bankruptcy-inducing posture of Endless War, is now trying to reduce the debt by cutting benefits for America’s most vulnerable – at the exact time that economic insecurity and income inequality are at all-time highs.
Where is the “epic shitstorm” from the left which Black predicted? With a few exceptions – the liberal blog FiredogLake has assembled 50,000 Obama supporters vowing to withhold re-election support if he follows through, and a few other groups have begun organising as well – it’s nowhere to be found.