Saturday, January 11, 2014

The U.S. and South African Connection: The Budget Deal and Neoliberals

By AMAJU BARAKA

Counter Punch - January 10-12, 2014 

It was a fitting historical coincidence that during the same week President Obama was in South Africa to pay tribute to Nelson Mandela, whose Presidency ushered in the South African turn to neoliberalism, a budget deal was brokered by the republicans and democrats that reflected the continued bipartisan commitment to neoliberal policies in the U.S.  Hammered out behind closed doors and presented as a done deal to the House of Representatives, the agreement reflected the agenda and demands of the corporate and financial oligarchy that Congressional representatives do what they were sent to Washington to do – ensure that economic and social policies conform to their interests and priorities.  Voted on and passed by the House without debate, questions from the public or opportunity for adjustments, the Senate dutifully followed, quickly passing the agreement that was then signed into law by President Obama from his holiday vacation retreat.

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