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“contrast, despite the moral and financial bankruptcy of Wall Street, the Obama administration had shrunk from a decisive confrontation with money power. The consequences, Krugman believed, were serious: ‘My sense is that in the face of this catastrophe, people needed some sign, a kind of symbolic sense of who was to blame.’71 By failing to define an enemy, Obama helped create a political monster, the Tea Party, ‘that’s now come and bitten him. If you’re not going to point fingers at the people who actually caused the problem, then those fingers may end up pointed at you.”
Richard Bourke, History in the Humanities and Social Sciences

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