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Old 11-05-2010, 01:49 PM   #1
Hank Chinaski
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Re: Election 2010: Teabaggin' the Ds & Rs

http://www.foxnews.com/politics/2010...eption-abroad/
  • The U.S. and nations abroad are at odds over economic policy. Among the issues, conservative governments in Britain and Germany are pressing for fiscal austerity measures in Europe that Obama's administration is resisting implementing in the U.S.

    "The rest of the world is looking more like the tea party," which wants to rein in government spending, according to Kenneth Rogoff, a former chief economist at the International Monetary Fund.

Hmmm, old Europe thinks the Dems have gone too far?
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Old 11-05-2010, 01:54 PM   #2
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Re: Election 2010: Teabaggin' the Ds & Rs

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Originally Posted by Hank Chinaski View Post
http://www.foxnews.com/politics/2010...eption-abroad/
  • The U.S. and nations abroad are at odds over economic policy. Among the issues, conservative governments in Britain and Germany are pressing for fiscal austerity measures in Europe that Obama's administration is resisting implementing in the U.S.

    "The rest of the world is looking more like the tea party," which wants to rein in government spending, according to Kenneth Rogoff, a former chief economist at the International Monetary Fund.

Hmmm, old Europe thinks the Dems have gone too far?
The Rogoff quote has to be out of context. Since when does the Tea Party want to reign in spending? (Keep your government hands of my Medicare!)
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Old 11-05-2010, 01:58 PM   #3
Greedy,Greedy,Greedy
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Re: Election 2010: Teabaggin' the Ds & Rs

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Originally Posted by Adder View Post
The Rogoff quote has to be out of context. Since when does the Tea Party want to reign in spending? (Keep your government hands of my Medicare!)
I thought Germany and the UK were on board with us spending money, they just don't want to have to spend any themselves.

I think it's generally understood that stimulus will come from the US and China, not Europe.
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Old 11-05-2010, 02:05 PM   #4
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Re: Election 2010: Teabaggin' the Ds & Rs

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Originally Posted by Greedy,Greedy,Greedy View Post
I thought Germany and the UK were on board with us spending money, they just don't want to have to spend any themselves.
It certainly looks from the outside like their plan is to wait for us to start consuming their surpluses, yes.
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Old 11-05-2010, 01:57 PM   #5
Greedy,Greedy,Greedy
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Re: Election 2010: Teabaggin' the Ds & Rs

Quote:
Originally Posted by Hank Chinaski View Post
http://www.foxnews.com/politics/2010...eption-abroad/
  • The U.S. and nations abroad are at odds over economic policy. Among the issues, conservative governments in Britain and Germany are pressing for fiscal austerity measures in Europe that Obama's administration is resisting implementing in the U.S.

    "The rest of the world is looking more like the tea party," which wants to rein in government spending, according to Kenneth Rogoff, a former chief economist at the International Monetary Fund.

Hmmm, old Europe thinks the Dems have gone too far?
Oh, good! More insight from Fox! I thought their help highlighting the two hundred quingazillion being spent on the India trip was already above and beyond for the day!
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