Something else.

Another thing Obama did not campaign on was the prison rate in the USA. The US has more prisoners than any other country in the world. It has more prisones than China which has a population more than five times as big. So much for the land of the free. One in one hundred US adults in the US are in jail. Then when it is broken down. One in nine African American  men aged 20 to 34 are in jail. There was not a word from Obama about how he is going to deal with this racism. 

Why are there so many prisoners in US jails compared to other countries. It is very simple. Capitalism needs a certain amout of workers to be unemployed. If there is full employment workers will get confident and organize and drive up their wages and cut into profits. So the job of the Federal Reserve chief, Greenspan and now Bernanke was to keep interest rates up to make sure that growth would be slowed and unemployment kept at the necessary level. They did not regulate Wall Street but they kept workers out of work. 

Here in the US single young men get nothing when they are unemployed. In most countries in Europe they get the dole and rent subsidy. They can live on this. But here the young men have nothing. So they have to try and get something to eat through crime. then the state comes down on them. And then because unemployment is higher amongst African American workers than other workers this is used to stir up racism. 

Capitalism is a dirty system. We are against it. We stand for working class unity, unite the employed and the unemployed and fight for a Democratic Society on a world scale.

Sean