Barack Obama’s Radical Socialist Pop Business Bafflegab

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I don’t really blame Republicans for desperately trying to change the subject after the release of the secret Romney fundraising video, but it cracks me up that they’re trying to make hay out of this 1998 statement from Obama:

I think the trick is figuring out how do we structure government systems that pool resources and hence facilitate some redistribution because I actually believe in redistribution, at least at a certain level to make sure that everybody’s got a shot. How do we pool resources at the same time as we decentralize delivery systems in ways that both foster competition, can work in the marketplace, and can foster innovation at the local level and can be tailored to particular communities.

It’s not just that this is 14 years old. It’s not just that Obama extols competition, the marketplace, and innovation. It’s the fact that this is basically buzzword central. I mean, this is a guy who’s obviously trying to make it sound like he has some kind of actual governing philosophy, and tossing in every piece of MBA-speak he can think of to hide the fact that he’s saying nothing. If he had immediately followed this up with a reading of “Jabberwocky” I wouldn’t have been surprised.

And this is supposed to be the evidence that Obama is some kind of radical socialist who hates the free market? Sure. In reality, it’s evidence that he was spending a little too much time back then in the pop business aisle at Barnes & Noble.

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DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily crazy—Mother Jones' journalism is driven by one simple question: Will America will move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

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