I hate to admit it to myself but yes you are right.
He is trying to cause a full economic collapse so that he can work on creating the Socialist Utopia he so desires. We are already more than half way there as it is. One more stimulus would do the trick. My husband just informed me that Obama also wants to extend unemployment benefits. Unemployment benefits are now officially welfare checks.
Knowing this stuff is what causes me to have a nice full glass of wine every night so that I can get to sleep. Make that two glasses of wine for tonight!
God have mercy on us all!
From my perspective we were the only thing that prevented even the socialist experiments in western Europe from turning into North Koreas. We were the economic engine that made it all possible. The American consumer and ingenuity supported the whole globe at one time.
I envision two scenarios -- it either all collapses in short order and then we rebuild or we descend into generations of very bleak lives.