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October 17, 2013

Charles Krauthammer on Obama Presidency: Obama "Has No Interest in Reducing the Debt or Deficits. His Priority is to Increase Entitlements, Spread the Wealth" (Video)

Topics: Political News and commentaries

Charles Krauthammer is spot-on. Reducing the debt and deficit has never been a priority for Obama. His sole priority has been and remains to increase entitlements and redistribute the wealth.

In the eyes of many on the center-right, this makes him a socialist. However, I agree with Mark Hendrickson's description of Obama at Forbes back in July 2012, a more accurate description of Barack Obama's 'economics' is that of "an interventionist, corporatist, statist, Big Government progressive, free-market-hating control freak who favors economic policies of a Marxist-Leninist flavor."

Posted by Hyscience at October 17, 2013 12:22 PM

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