The State of Obama’s Presidency

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 An uncomfortable truth not likely to be discussed by President Obama during his State of the Union on Tuesday is his own complicity in the broken state of our political economy.

To be sure, the House GOP and their Senate allies have displayed a frightening and gleeful zeal in wrecking the recovery. For a year and a half, the Republican Party has been willing to IED the economy time and time again to preserve the gilded perch that the super wealthy have over the rest of us. But it wouldn’t be possible without a helping hand from the president.

Unless there is a fundamental change in this dynamic, people of color, the working poor and all of those looking for their shot at the American dream are in for a rough go over the next four years.

The fight over taxes that wrapped just weeks ago is merely the first in a series of looming battles set to unfold on core economic and budget issues over the next three months. On March 1, unless something changes, over a trillion dollars in automatic spending cuts will begin to take effect. Half of the cuts, or “sequestration” as they’re formally known, will fall on the portion of the budget that provides economic opportunity for people of color and the working poor through transportation, education, housing and food programs. Read more here.
 

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