There is also the cynical view, to which I subscribe (being a right wing nut fanatical, maniacal Tea Party member).
I give 0bama more credit.
I believe he knows full well that his economic taxation policies will actually drive what remains of a capitalistic system into further and further stagnation.
I believe he will use the stagnation to continue to borrow to feed the free stuff crowd thus further obligating the U.S. to China.
I believe this is the Sock Puppet in Chief's marching orders from the likes of men like Geo. Soros, etc.
I believe their goal is to drain America until it cannot be distinguished from the EU, or perhaps worse.
And this to pay for all of America's past "atrocities" and "theft".