1. Welcome to Baptist Board, a friendly forum to discuss the Baptist Faith in a friendly surrounding.

    Your voice is missing! You will need to register to get access to all the features that our community has to offer.

    We hope to see you as a part of our community soon and God Bless!

Obama’s economic view is rejected on world stage

Discussion in 'Political Debate & Discussion' started by carpro, Nov 14, 2010.

  1. carpro

    carpro Well-Known Member
    Site Supporter

    Joined:
    Oct 14, 2004
    Messages:
    25,823
    Likes Received:
    1,167
    Faith:
    Baptist
    http://www.boston.com/news/world/as.../us_south_korea_trade_accord_not_a_done_deal/

    Obama’s economic view is rejected on world stage

    By Sewell Chan, Sheryl Gay Stolberg and David E. Sanger
    New York Times / November 12, 2010


    SEOUL — President Obama’s hopes of emerging from his Asia trip with the twin victories of a free trade agreement with South Korea and a unified approach to spurring global economic growth ran into resistance on all fronts yesterday, putting Obama at odds with his key allies and largest trading partners.

    SNIP

    ...Greenspan wrote that the United States was “pursuing a policy of currency weakening.’’ Geithner shot back on CNBC that while he had “enormous respect’’ for Greenspan, “that’s not an accurate description of either the Fed’s policies or our policies.’’

    Much of the rest of the world seemed to share Greenspan’s assessment. Moreover, Obama seemed to be losing the broader debate over austerity. The president has insisted that at a moment of weak private demand, the best way to spur economic growth is to have the government prime the pump with cheap credit and government stimulus programs. He quickly found himself in an argument with Prime Minister David Cameron of Britain and Chancellor Angela Merkel of Germany.
     
  2. Bob Alkire

    Bob Alkire New Member

    Joined:
    Mar 23, 2001
    Messages:
    3,134
    Likes Received:
    1
    Most who know anything about economic would reject his plans.
     
  3. carpro

    carpro Well-Known Member
    Site Supporter

    Joined:
    Oct 14, 2004
    Messages:
    25,823
    Likes Received:
    1,167
    Faith:
    Baptist
    And he was supposed to "repair" our relationship with our allies.:thumbs:

    Looks like he's on the verge of starting his own war over monetary policy and trade.

    He's poorly equipped to lead that fight and it shows.
     
  4. Bob Alkire

    Bob Alkire New Member

    Joined:
    Mar 23, 2001
    Messages:
    3,134
    Likes Received:
    1
    The victim card plays well in this country, but not on the world stage, they don't see victims with in our country but outside of it. He has made a career off that card, and it is hard for him to play another card, because it was the only card in his deck.
     
Loading...