To all those "Gone With the Wind" and "Birth of a Nation" sympathizer legatees moonlighting as Non-Partisan critics of Obama's Economic thought and it's practice. If as they giddily put it that Obama is saddling generations 4 and 5 removed in the future with the yoke of unfathomable debt because of Deficit spending.
The argument is misplaced, misdirected, idealistic and does nothing to move forward and advance the analysis of how to discern and correct the inherent abstraction and antagonism upon human life of the objectivity of value and it's expressed medium as money.
Critics of deficit spending think the invocation of the idea of futuristic generations paying for the sins of their parents spending wins them the argument conclusively. They are wrong and it only reveals that after millennia of mans efforts, attempts and labor at realizing a medium of value expression that doesn't distort the value expression and it's transactional-relationship, Man's propensity for and instinctual ignorance has only managed to maintain a system that has nothing to do with the circumstance of the human condition and it's objective need for value expression.
The entire construct of Political-Economy and it's money expression assumes a premise, a presupposition that value and it's practicality is relegated to the basics of what is necessary for the re-creation of the human condition. The idea however that the human condition is based on re-creation is correct. But the critique of it's value expression has been and is wrong and has actively been at odds with the re-creation dynamic of the human condition.
The un-stated premise of the Obama Presidency is American Political-Economy has tilted so severely, on the side of speculation and Imperialism and it's antagonisms that nothing short of it's re-start holds any promise for the survivability of the union. This is the backdrop which to some seems as Apocalyptic sums of money are being printed saddling their Grandkids with debt. The reality is they are wrong. Deficit spending or it's absence has nothing to do with the quality of life anticipated by future generations.
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By Apropos
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