Perfect Gaul: Obama Advises French Not To End Austerity Measures (???)

Austerity abroad, profligacy at home?

I can't wait for the French's response.

President Obama's spokesman warned the new socialist president-elect of France not to implement his campaign agenda of ending austerity measures, indicating that such a reversal could damage the world economy.

...

French President-Elect Francois Hollande called for an increase in government spending and taxes.

So France's new socialist President is looking for higher taxes and government spending -- which is Obama's plan for America. And he tells them they shouldn't do that, because it will damage the world economy?

I think Obama senses several interrelated dangers here.

If France crashes, it offers America a preview of where Obama's policies will take us, so he... doesn't want France to implement Obama's policies. He doesn't want that heads up. Not before the election.

In addition, of course, a second official recession would just about wrap things up for Romney.

posted by Ace at 03:14 PM

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