Wednesday, Jun 23, 2010
No more money...
Cnn: Europe spurns Obama's plea for more spending
President Obama wants to slow Europe's headlong rush to austerity. But right now he looks like little more than a speed bump for the cutback crowd.
Obama has sought to use the upcoming meeting of the Group of 20 global finance ministers in Canada this weekend as a rallying cry for more fiscal stimulus. He argues that cutting government spending now risks undermining a fragile recovery in debt-soaked Western economies.
Posted by mark @ 07:51 PM (396 views) Add Comment
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