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November 18th, 2009 6:09 pm
Germany’s Merkel Gets It. Why Doesn’t Obama?
Posted by Print

It’s sad when American leaders must look to “Old Europe” for economic wisdom, but that’s where we stand with this Obama White House.

Speaking this week to media, German Chancellor Angela Merkel stated that the worldwide recession demands tax cuts, not higher taxes and redistribution, to jump-start economic growth.  Impressively, she’s standing firm even in the face of fierce opposition, saying, “the government has opted for growth.  I indeed face very critical treatment, as does the whole government, regarding the course that we have chosen.”  A spokesman for Merkel’s partner Free Democrats added, “this is the right path.  This will create jobs and this is the condition for healthy public finances.”  Meanwhile, Obama, Harry Reid and Nancy Pelosi offer more government, higher taxes and more regulation to somehow “stimulate” America out of recession.

Hmmm…  Perhaps this recent trend of economic sense out of Germany helps explain why Obama was so reluctant to visit Berlin to celebrate the fall of the Berlin Wall this month?

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