Barack Obama The Nation's First Tea Party President
7-14-11 New Economic Perspectives by Marshall Auerback
all its talk of the importance of averting a debt default, Barack Obama.is
increasingly signaling that major deficit reduction has become more than just a
bargaining chip to bring Republicans aboard a debt deal. He actually believes
that cutting entitlements and reducing the deficit are laudable goals, which
would mark "transformational" moments in his President. Let's face it:
the man is not a progressive in any sense of the word; he's a Tea Party
President through and through.
Marshall Auerback is a portfolio strategist and hedge fund manager.