Wednesday, February 25, 2009

Obama braces for controversy over budget

WASHINGTON, Feb 25 (Reuters) - U.S. President Barack Obama sends his first budget proposals to Congress on Thursday bracing for fights over how best to heal the economy, create a new healthcare system and still cut out-of-control deficits.
I'm still split on Obama's economic policy, but I *am* convinced of one thing: the President is not, as certain pundits would have you believe, a socialist. Just ask some actual socialists!
Greg Pason, National Secretary of the Socialist Party USA: “Barack Obama's programs are not socialist. The vast majority of his proposals are anti-worker (or he might say ‘pro-business’). His health care proposals are more to save the for-profit insurance industry and do not have the goal of ending for-profit insurance. He has refused to support a Senate version of HR676, which would create a single-payer program (not socialist but much better than we have, and [which has] the support of labor and community organizations across the US). Many of his other economic proposals are pro-corporate.

A socialist program (even a reformist one) would not be a program that props up capitalism when it fails, but one that transforms the economy. None of Senator Obama's proposals do that. Senator Obama’s tax plan is regressive and even less ‘progressive’ than programs put forward under such conservative administrations like the one of Richard Nixon.”

F.N. Brill, National Secretary of the World Socialist Party (US): “Obama is as much a socialist as the Pope is an atheist. Income redistribution isn't a socialist act. It might aid in ameliorating income disparities within a capitalist economy for a limited time. But the logic of capitalism demands the rich grow richer (more capitalization is needed) and the poor grow poorer (their work creates the needed capital used by the rich).”

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