Except that it is about the money if you're complaining that austerity isn't working. You assume that there was such a great choice there or that the alternative wouldn't have been worse as Obama supporters have been claiming all this time.
It's ironic though that for those like you it's more about making the rich poor than raising up the condition of the poor. Well, both ironic and telling.
No, I was pointing out the election is not all about the money. Social equality is a pivotal issue and Romney/Ryan do not give a shit about that.
Perhaps you could point out where I have detailed my views on economic policy? I was merely pointing out that an austerity plan, similar to that being touted by Romney/Ryan has already been tried in the UK. It is not working. In fact, it is hitting the poorest hardest and squeezing everyone. We are in recession, again.
Equality of outcomes versus equality of opportunity. The former doesn't work as a goal - which is basic economics - and why surprise surprise considerably fewer economists support Obama.
What are you going to use to pay for social equality or programs when the state is bankrupt because it spent on precisely the things that those like you advocated for that created neither a return nor lasting benefit.
And again - with respect to the austerity plan you assume that for the UK the alternative would be better as if waiting until there really are no options left is better as in the case of Greece. Or, have you kind of overlooked the level of debt you have as a nation - private and public?
The US economy is very heavily reliant on consumer spending. If the US imposes austerity measures similar to those imposed in the UK, the US economy will contract and keep contracting. I happen to believe that, in the long term, the US is going to have to take some very difficult decisions and massively cut public spending and massively increase taxes. I do not believe now is the time for either. The Obama economic strategy is keeping America's head above water and it needs to be continued until full recovery has been achieved.
The U.S. economy is far larger and more productive than any in Europe. The United States has many more tools in its macro-economic policy box than countries in the eurozone. While calls for austerity have kept the United States from undertaking government spending and investment large enough to support a robust economic recovery, at least thus far, the United States has not undertaken the same self-defeating austerity measures Europe has.
This is the problem that those on the left have - they always advocate dealing with problems tomorrow while they grow greater and greater. There is never a good time to deal with your problems. Your view is that the Obama economic strategy is keeping America's head above water - not only do these economists not agree, but even the Obama Administration's own projections show them considerably underwater relative to if they had done nothing in terms of "stimulus" which in reality amounted to cronyism.
Your beliefs in Keynesian economics is particularly odd given that Keynes himself repudiated several of the proposed forms of spending that were proposed like infrastructure spending, by this Administration.
Now on that point of the US is more productive than Europe - they *are* more productive precisely because they have not followed the same types of leftist policies and spending as advocated by the same groups and organizations you support.