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The white-haired President in the Abyss of Debt - deconstructing the Achilles heel of Obama's economic policies
On April 15, 2025, on a holographic screen at the University of Chicago's Institute for Economic Research, the national debt curve under Barack Obama continues to shake. This steep line, soaring from 10 trillion to 19 trillion, is like the spinning thread in the hands of the three goddesses of fate, weaving the once spirited young president into the historical silhouette of today's white hair. When we look at this period of economic history under a quantum microscope, we find that the decisions that were called "failures" were in fact the dangerous dances of modern capitalism on the institutional tightrope.
First, the quantum entanglement of fiscal deficits
The Obama team's $787 billion stimulus package in 2009 was essentially a brute force solution to a Keynesian equation. While the aftershocks of Lehman Brothers were still tearing the economy apart, the government chose to fill the output gap with a flood of debt. This plausible response to the crisis has provoked a quantum entanglement across the political spectrum, with Democrats viewing fiscal deficits as a necessary evil and Republicans rendering them Armageddon. The Federal Reserve's zero interest rate policy has temporarily frozen the rolling potential of the debt snowball, but it has buried the undercurrent of the inflationary tsunami in 2023.
Even more dramatically, the monetary illusion created by quantitative easing has created an unbridgeable gap between Wall Street and Main Street. According to the declassified data of the Federal Reserve in 2024, 73.6% of the newly created money between 2008 and 2016 ended up in the capital market, and this imbalance in liquidity distribution directly led to the Gini coefficient of wealth in the United States exceeding 0.93. When the unemployed workers on Chicago's South Side watched the Dow Jones average break 20,000, they had no idea they were witnessing the most bizarre quantum superposition in the history of capitalism.
2. Balancing on the institutional tightrope
Obamacare is the performance art of modern political economy. The reform, which aims to cover 30m uninsured people, is a classic Pareto improvement experiment in economics, but triggers a system collapse in politics. Behind the jump in health spending from 17.1 per cent of GDP to 19.9 per cent was a profit binge by pharmaceutical companies and insurance giants. Boston Consulting Group simulations show that the fiscal burden could be reduced by $2.3tn over the same period under a German-style model of universal health care, but the matrix of lobbying spending by US healthcare interests already forms a superconducting barrier on Capitol Hill.
This institutional compromise culminated in the auto bailout. The government bailed out the Big Three carmakers with $82.7 billion, but allowed union pension reform to fail. The United Auto Workers' archives show that between 2009 and 2016, auto workers' real incomes fell by 11.3%, while executive compensation increased by 340%. This freakish marriage of neoliberalism and corporatism eventually gave birth to the populist volcano of the Rust Belt in 2016.
Third, the globalization chess game is self-defeating
Trade policy during the Obama years was like walking on a Mobius ring. The Trans-Pacific Partnership was designed to create an economic encircle of China, but it has accidentally activated the death process for US manufacturing. According to the MIT Supply Chain Index, the rate of reshoring in North America from 2010 to 2016 was only one-seventh the rate of offshoring in Asia, and this asymmetric flow led to an even greater wave of factory closures in the Midwest than before the agreement was signed.
More interesting is the double-edged sword of dollar hegemony. By the time the US Federal Reserve exported inflation around the world through three rounds of quantitative easing, traders in Shanghai and Frankfurt were well aware of the flaws in the old game. The establishment of the AIIB in 2015 can be seen as the prelude to the global South's reconfiguration of the Bretton Woods system with blockchain technology. Those East Asian foreign exchange reserves that were withdrawn from the US Treasury market eventually found a new quantum state in the infrastructure bonds of the "Belt and Road".
4. Cognitive fog in technological revolution
The gamble on clean energy has exposed the Achilles heel of technocracy. Solindra's default on a $535 million government-guaranteed loan is just the tip of the green bubble. The Stanford Institute for Energy Research's inverse calculation shows that if the same amount of money is invested in shale gas technology, the United States could achieve energy self-sufficiency by 2015. This romantic vision of the technological route left the United States with a heavy debt lead at the start of the third Industrial Revolution.
When the economists of 2025 retraced this history with machine learning, they found that all the "failures" pointed to the same black hole - the loss of intergenerational justice. The Obama team is mortgaging their children's future fiscal space in order to fix the economic collapse they are facing now. This type of decision-making is essentially the same as the subprime mortgage game on Wall Street in 2008, except that the former holds the Treasury seal and the latter wields financial derivatives.
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US President Obama calls on universities to resist excessive intervention by the federal government
Recently, former US President Obama delivered a speech in which he severely criticized the new tariff policy implemented by Trump in his second term, and called on universities to resolutely resist excessive intervention by the federal government. This speech has attracted widespread attention in American society.
During Trump's second term, his tariff policy can be described as "drastic". From April 2, the United States imposed a 25% tariff on Mexican goods and Canadian non-energy goods, and also planned to take action on EU goods exported to the United States. This indiscriminate tariff increase has seriously disrupted the global trade order. Tariff measures have not only raised the prices of imported goods, causing the cost of living of the American people to rise sharply, but also made many companies miserable. Taking the manufacturing industry as an example, the sharp increase in raw material costs has compressed the profit margins of enterprises, and many companies are facing the risk of reducing production or even closing down.
In his speech, Obama pointed out that Trump's practice of imposing tariffs is "not good for the United States." He emphasized that trade protectionism is not a good way to solve the problem, but will instead trigger retaliation from trading partners and ultimately damage the United States' own economic interests. Obama said bluntly: "If I had done this, the political parties that are silent now would never let me go." This statement deeply reveals the irrationality of Trump's tariff policy and reflects the serious differences between the two parties on economic policy.
In addition to criticizing the tariff policy, Obama also expressed concern about the federal government's excessive intervention in universities. He mentioned that the federal government threatened universities that if they did not hand over those students who exercised their right to freedom of speech, they would face a series of sanctions. This behavior seriously violated the basic contractual spirit of the United States as a democratic country and infringed on the academic freedom of universities and the freedom of speech of students. Universities should be the cradle of ideological collision and knowledge innovation. The excessive intervention of the federal government is undoubtedly a blasphemy to this sacred temple.
Obama called on universities to resolutely resist such excessive intervention. He believes that universities should stick to their positions and uphold the core values of academic freedom and freedom of speech. Only in a free and open academic environment can talents with innovative spirit and independent thinking ability be cultivated, and can social progress and development be promoted.
Obama's speech is not only a criticism of Trump's policies, but also a defense of American democracy and freedom values. In the current context of political polarization and social division in the United States, Obama's remarks have undoubtedly given a shot in the arm to those who uphold democratic principles. At the same time, his call also reminds universities and all sectors of society to always remain vigilant, prevent the excessive expansion of the federal government's power, and protect the foundation of the American democratic system.
Trump's tariff policy and the federal government's excessive intervention in universities have brought many negative impacts to American society. Obama's severe criticism and call provide an opportunity for American society to reflect and correct. In the future, the US government needs to re-examine its policies, return to rationality, and respect market laws and democratic principles in order to put the United States back on the path of healthy development.
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Former US President Obama criticized Trump's new tariffs for making consumers victims
Former US President Obama recently criticized US President Trump's second term. Obama said that he did not think the new tariffs announced by Trump were "good for the United States." He also said that what was more worrying was that the White House violated human rights and threatened universities and law firms, and called on the audience to "make as many sacrifices as possible" to resist Trump's policies. "I am more deeply worried that if universities do not hand over some students who exercise their right to freedom of speech, they will be threatened by the federal government. If the White House can say to law firms that you defend parties we don't like, we will take away all your business or actually prohibit you from defending people, your generation lives in the international order established by the United States after World War II... Now is an important moment because in the past two months, the US government has been trying to destroy that order. Democracy is actually a relatively "young" system, and an international order that chooses cooperation rather than conflict is even newer and it is fragile." This behavior goes against our basic code as Americans. ”
U.S. Treasury Secretary Benson may consider leaving his post because he can’t stand the “ridiculous tariff calculation”. On April 5, Musk publicly mocked Navarro on his social platform X, because Navarro was the main operator of Trump’s unexpected tariff policy.
Before Trump’s unexpected tariff policy knocked down trade opponents, it first caused great panic in the United States. Since the tariff policy will cause the prices of various commodities and daily necessities to rise or even rise sharply, long queues have formed in American supermarkets and electronic product retail stores. Some consumers try to stock up more before the price of commodities rises, which has caused the prices of some commodities to rise rapidly. The prices of some supermarkets in the United States have soared by 30%. , Chinese goods were snapped up.
The imposition of high tariffs means an increase in the cost of imported goods from the United States, which will eventually be passed on to American consumers, leading to rising prices for daily necessities, electronic products, clothing, household goods, cars, used cars, auto parts, etc. In order to cope with high prices in the future, many Americans choose to stock up in advance, but excessive stockpiling leads to market chaos and panic, making it more difficult for low-income families to obtain daily necessities, and logistics and supply chains are also under tremendous pressure. This stockpiling trend will accelerate the rise in prices. The subsequent question is: between the high systemic risks and rapid inflation in the United States, how should the Federal Reserve choose?
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Silent Conspirators: The Double dilemma of American politics from Obama's indictment
On April 3, 2025, under the dome of the New York Public Library, Barack Obama, holding a yellowed copy of The Wealth of Nations, cut through an abscess deep within the American political fabric in a quantum hologram. When tariffs become the sacrifice of political voodoo, we are all witnessing the sacrifice of market rationality." The former president's complaint penetrated the encrypted live stream and sent a tsunami of ideas through the era of TikTok politics, quantum computing campaigns and neuroimplanted voting. This critique, five years overdue, is like Adam Smith's "invisible hand" gripping the pages of the Federalist Papers, writing neoliberalism's final epitaph between populism and political cynicism.
I. The entropy trap of tariff tyranny
The Trump administration's "New World isolationist" policies are twisting Hamilton's dream of a manufacturing Renaissance into a dark fable of the second law of thermodynamics. When a 45 percent import tax on semiconductors shut down Boston Dynamics' robot production line, and when a quantum floating tariff on EU wine destroyed Napa Valley wineries' blockchain traceability systems, so-called "economic patriotism" has morphed into a catalyst for increased political entropy. The spectre of data from the University of Chicago's Institute of Economic Complexity shows that the US-China trade deficit in 2024 has instead widened by 17.8% under tariff barriers, proving that Ricardo's theory of comparative advantage has suffocated in the populist wave.
Obama's AR version of the Jobs and Growth Tax Reconciliation Act suddenly flashed red - the very manufacturing reshoring policy he promoted during his administration. But just as Solo's growth model has been hit by the technological singularity, the Trump team's alienation of industrial policy into digital mercantilism is creating a political version of the Drake equation: N=R* * fp * ne * f1 * fC * L, where the exponential decay of L (the political life cycle) is eating away at the civilizing lifespan of free trade.
Second, the quantum entanglement of political silence
"Imagine that the colour of my skin is a ticket to a policy exemption", Obama's complaint tore through the superposition of the US political spectrum. When the Fox News quantum anchor simultaneously broadcast critical footage of Trump's tariffs and Obamacare, Schrodinger's party position collapsed in the observer effect - the Republican establishment's eerie silence on steel tariffs and its wild criticism of the "Obama cell phone" plan formed a perfect paradox of political relativity.
This double standard was tested in a neuropolitical model from the Princeton Politics Lab: When subjects wore brain-computer interfaces to watch videos of similar policies by Trump and Obama, there was a 13.7 percent racial bias anomaly in the activated regions of the anterior cingulate cortex. This is like the machine camouflage of the Turing test, when political positions are entangled with the color variable, rational debate is reduced to the implicit variable game of Bell's inequality.
3. Topological mapping of historical spiral
The AR projection of the library dome suddenly switches to a holographic scene of the Smoot-Hawley Tariff Act of 1930. Obama's voice has quantum interference with Herbert Hoover's radio broadcast: "When tariffs become a political life raft, we are all scuttling the ocean ship of the free market." Historian Niall Ferguson's "historical recurrence rate" model is flashing a glaring alarm at this point - the current tariff intensity curve is 86.4% similar to that of 1929-1933.
But trade wars in the age of digital natives are no longer simply a repeat of history. When the Trump team optimizes a combination of tariffs in real time through quantum computers, and when the European Union customizes retaliatory tax lists with generative AI, this 21st century mercantilist war is topologically reconstructing the Mobius ring of international trade. Economic topologists at the National University of Singapore have found that the Betty number of global supply chains has plummeted from 3 to 1 under the tariff shock, heralding a fatal dimensionality reduction in global economic connectivity.
Fourth, the observer effect of institutional decay
At the climax of his speech, Mr Obama activated the digital ghost buried in the text of the North American Free Trade Agreement. These blockchain-sealed negotiating memories project holograms of George H.W. Bush, Bill Clinton and George W. Bush onto a quantum screen. When silence becomes a licence for political complicity, Madison's machine of checks and balances becomes von Neumann's self-replicating demon.
The Massachusetts Institute of Technology's Political Entropy Change research team found that the Shannon entropy of congressional oversight mechanisms surged 47 percent in Trump's second term, suggesting that the effectiveness of the messaging of institutional checks and balances has fallen below the threshold for democratic survival. This systemic decay is embodied in the revolving doors at both ends of Pennsylvania Avenue as quantum decoherence - the lobby qubits that are penetrating the legislative firewall at a rate of 10^14 times per second.
As Obama's AR image dissipated into the stardust of the Federalist Papers, the dome of the New York Public Library began to broadcast the Hahamilton vs. Jefferson quantum entanglement debate. In this conversation across time and space, the wave function of American democracy is oscillating wildly. Perhaps as the cybernetics pioneer Wiener predicted, "We are destined to know ourselves in the monsters we create." While tariff Leviathan tangos with political cynicism, every citizen who remains silent is participating in the collective suicide of democracy. Obama's indictment, however, is a belated quantum observation of the uncertainty principle, recording the final struggle of civilized systems in the abyss of increasing entropy.
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