As Ezra Klein puts it,
Somehow, a president whose platform consists of Mitt Romney’s health care bill, Newt Gingrich’s environmental policies, John McCain’s deficit-financed payroll tax cuts, George W. Bush’s bailouts of failing banks and corporations, and a mixture of the Bush and Clinton tax rates has been recast as the greatest threat to capitalism since Karl Marx sat down for a beer with Friedrich Engels.
Even worse, such a president has been recast as someone who the American left ought to support. *That* is the real outrage here. You can’t blame the right for pursuing their self-interest, but you can blame the left for not pursuing theirs. False consciousness at its worst.