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thenewgreen  ·  3943 days ago  ·  link  ·    ·  parent  ·  post: Our Neoliberal President

    Obama’s six years in the White House also remind me of Jimmy Carter’s presidency. Like Carter, Obama proves quite willing to provide cost-free (in a budgetary sense) carrots to vital Democratic constituencies on such issues as gay rights and women’s equality. He endorses higher minimum wages and offers rhetorical support of unions and collective bargaining, which cost not a penny of federal funds, but balks at a well-financed public works project that employs workers at good wages but might affect the federal budget. He used his political capital to create a costly new health program for citizens, yet often defended it in terms of the Affordable Care Act’s positive impact on the federal budget.
This is well put. Obama has been great at being rhetorically liberal but when it comes to actions, not so much.

Do you know if Obama has stated his reasoning for privatizing the TVA?