Wednesday, June 23, 2010
No more money…
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 (877 views)
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