Aaron Rupar: If you're roughly my age, it's wild to reflect on the optimism for the future Americans felt when Obama

[modrepub]

19. My Reflection

While I share the same recollection even though I was older at the time, I still think the seeds of our current problem go back to the Obama era.

The one major criticism, that has only grown in my mind, was how poorly Obama handled the Great Recession. Not so much him but who he allowed to guide him through the crisis; the Neoliberals. Instead of allowing the financial fallout to run its course we intervened with huge bailouts to basically keep the financial structure the same instead of doing wholesale restructuring; breaking up the large failing financial institutions into much smaller less dangerous ones and putting some of the poor actors in jail.

IMHO, Obama should have taken the opportunity to use taxpayer funds to break up these large financial companies. While most of the crisis occurred before he entered office, in retrospect I wish he had done more while he had a chance for reform.

In stead, unfortunately, the immensely vulnerable rich lived to fight another day and now we have billionaires and megalarge corporations dismantling society.

Sorry for being such a downer.