Why do people blame Obama for our economic situation, when our whole economic system is to blame?
It's clear that our economic system isn't working. The gap between the rich and the poor is bigger than it's been in decades. The richest .01% have seen their income quadruple in the last 30-40 years, while the wages of the vast majority of the population has stagnated or decreased. Stockpiles of medicine are destroyed because they can't be sold at a profit while there is sick people. Entire crops of food are burned to keep food prices artificially high so food producers can keep making a lot of profit, while there's starving people. The people who own the products of our labor squander it on wars and bank bailouts. Capitalism inevitably leads to crony Capitalism/State Capitalism/Corporatism. Since the late 1920s, government has gotten bigger. The size of government is directly proportional to the number of times the market has failed, and they have failed a lot. Right now, big government intervention is the only thing keeping the system alive, in the form of the biggest transfer of wealth ever, bailouts. If it wasn't for "big government" curbing the excesses of self interest, the markets, and making sure the public interest is served, people would have grown fed up with Capitalism decades ago, and we would have already had a worker revolution. So, do we need to throw out our system of state Capitalism/Corporatism and replace it with a new better system, or do you like things just the way they are?