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July 12, 2010

Krugman "widely regarded" in Germany as "imbalanced"

I thought we were supposed to take the European feelings seriously? Or was that before they became ummm...inconveniently inconvenient.

...And there is considerable disdain for the rhetoric of President Obama and his advisers regarding Germany's export-orientated economic progress. Particular derision is reserved for the rhetoric of Nobel prize-winner Paul Krugman, who with his recent diatribes against an allegedly inflationary bias in German policies is widely regarded in Berlin as somewhat imbalanced.

"Obama is becoming increasingly transparent¹," says one satisfied German official. "With his arguments that we should become a bit less reliant on exports and allow the others to catch up, he's just trying to weaken us. Well, we're not going to take his advice." ...

¹ "Transparent" == "buffoonish and clown like"

posted by Purp at 10:17 AM

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Particular derision is reserved for the rhetoric of Nobel prize-winner Paul Krugman, who with his recent diatribes against an allegedly inflationary bias in German policies is widely regarded in Berlin as somewhat imbalanced. "Obama is becoming increasingly transparent¹," says one satisfied German official. "With his arguments that we should become a bit less reliant on exports and allow the others to catch up, he's just trying to weaken us. Well, we're not going to take his advice." ... ¹ "Transparent" == "buffoonish and clown like" posted by Purp at 10:17 AM \| Access Comments <script language="javascript" src="http://adserver.adtechus.com/addyn/3.0/5235/1131537/0/170/ADTECH;loc=700;cookie=info;target=_blank;key=key1+key2+key3+key4;grp=[group]"></script><noscript><a href="http://adserver.adtechus.com/adlink/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" target="_blank"><img src="http://adserver.adtechus.com/adserv/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" border="0" width="300" height="250"></a></noscript>	Recent Comments nurse ratched: "Cat barf. In my bed. Change the sheets. A ..." Teresa in Fort Worth, Plucky Comic Relief, AoS Ladies Brigade - Eat the Cheesecake, Buy the Yarn.: "Miklos, what are they looking for? ..." 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