It’s becoming clear that Obama doesn’t have much of a grasp of economics. And that he doesn’t care. If you ignore whatever actual economic effects result, and look only at what the clear political goals, the government socialist philosophy clearly shows its head. I believe that the Mouth may even consider that the economic policies he is persuing may be disastrous but “worth it”. After all the great leaders of socialism were murderous cutthroats. By comparison, tossing into poverty is using the kid gloves. But then socialism has never been about wealth but “equality”. As long as everyone is the same they don’t care.