(YouTube: UngerRoberto)
A BRAZILIAN POLITICIAN and Harvard lecturer who once taught Barack Obama has said that his former student should not be re-elected as US President – because his approach to solving the economic crisis has been ill-thought out.
Roberto Unger, who himself twice ran for the Brazilian presidency and who teaches at the Harvard Law School, says Obama’s economic policies have been mostly based on “financial confidence and food stamps”.
In a lengthy YouTube video, Unger slams his former student for spending “trillions of dollars to rescue the moneyed interests” while leaving homeowners and ordinary workers without any new levels of financial aid.
“The Democratic Party has no new direction,” he says, saying Obama had “failed to advance the progressive cause”.
This is less a project than it is an abdication… nowhere in the world is there more energy and ingenuity infused through the population than in the United States.The deepest cause of the financial and economic crisis… is that the country stopped producing, at competitive prices, enough goods and services that the rest of the world wants.
Yet, he says, Obama has done nothing to correct this but has instead acted as if the problem had never existed to begin with.
Unger stops short of an outright endorsement of Obama’s opponent Mitt Romney, however – saying Republicans would be little different if they won election this November, and saying a Republican administration would have caused greater inequality than that which exists at present.
Obama took two classes under Unger, who only teaches for one semester a year in order to concentrate on Brazilian domestic politics. He studied two modules, ‘Jurisprudence’ and ‘Reinventing Democracy’.
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