What I thought (and continue to think) about Obama:
โ He made a huge mistake in understimulating the economy leading to an excessively slow recovery
โ He was right about almost all the rest
โ Dems post-Obama efforts to be further left on everything havenโt worked pic.twitter.com/x1RubAnW2l
— Matthew Yglesias (@mattyglesias) February 9, 2025
And this is why I thought then and continue to think that Matt Yglesias is a fucking idiot.
Obama made the choice that millions of Americans would lose their homes. And yes, that was a choice — it all could’ve been prevented. That was done to save the banks and specifically the banksters who wrote all that fraudulent paper. This decision ruined many Americans economically for the rest of their lives as well as making the Great Recession worse and last much longer than it otherwise would have.
Obama also oversaw the largest loss of black wealth in history. He was and is just an evil, venal person.
As president, he had one of the greatest opportunities for real reform since the 1930s. And instead he forked over the country and its wealth the rich all so he could be a billionaire later himself. No Obama, no Trump it’s also important to remember.