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

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


  • Ukraine and Imperialism's Death Spiral
    Glen Ford , BAR executive editor
    Ukraine and Imperialism's Death Spiral
    18 Jan 2023
    Glen Ford spoke at a May 10, 2014 Ukraine teach-in sponsored by the International Action Center in the wake of the U.S. backed coup. His words were prescient and explain U.S. actions…
  • The Empire Provides A Paper Trail To The Conflict In Ukraine, No Matter What The Latte Left Says
    Jacqueline Luqman
    The Empire Provides A Paper Trail To The Conflict In Ukraine, No Matter What The Latte Left Says
    18 Jan 2023
    Ukraine is a challenge to those who claim to be on the left. War propaganda tells us to support U.S. imperialism, but even cursory knowledge of the facts shows that the U.S. and its allies provoked…
  • BAP Haiti/Americas Team Condemns the Dina Boluarte Coup Regime’s Violent Repression of Protesters in Perú
    Black Alliance for Peace Haiti/Americas Team
    BAP Haiti/Americas Team Condemns the Dina Boluarte Coup Regime’s Violent Repression of Protesters in Perú
    18 Jan 2023
    The Haiti/Americas Team of the Black Alliance for Peace Condemns the Dina Boluarte Coup Regime’s Violent Repression of Protesters in Perú .
  • Is the promise of 30,000 visas a Trojan horse?
    Kim Ives
    Is the promise of 30,000 visas a Trojan horse?
    18 Jan 2023
    Washington's announcement that 30,000 new visas would be made available to Haitians raised more questions than it answered.
  • Africa in Review 2022, III: Mounting Challenges Require Long Term Solutions
    Abayomi Azikiwe
    Africa in Review 2022, III: Mounting Challenges Require Long Term Solutions
    18 Jan 2023
    Peace accord in Ethiopia, COP27 at Sharm-el-Sheikh and the second continental public health summit portend much for the coming years.
  • Load More
Subscribe
connect with us
about us
contact us