Andrea Merkel: Obama’s A Nice Guy, But His Plans Stink

She should be on the Obamanuts hit list shortly

Chancellor Angela Merkel of Germany, an avowed friend of the United States and the leader of the European Union’s biggest economy, is diplomatic about the coming visit by President Obama. But she is clear that she is not about to give ground on new stimulus spending, stressing the need to maintain fiscal discipline even as she professes to want to work closely with the new American president.

During the hourlong interview, Mrs. Merkel made clear that she was not wavering in her response to the economic crisis, by loosening the German checkbook or encouraging the European Central Bank to follow the Federal Reserve in pumping money into the system. She also said she expected Mr. Obama to keep his word to gradually rein in imbalances that would cause American indebtedness to grow sharply as a result of his domestic stimulus plans.

In other words, she doesn’t want to bankrupt the future of her country for silly spending now. Fiscal responsibility is apparently a word she understands. Perhaps she could explain to Obama that it means more then campaign rhetoric.

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2 Responses to “Andrea Merkel: Obama’s A Nice Guy, But His Plans Stink”

  1. Good for Merkel!

    “Perhaps she could explain to Obama that it means more then campaign rhetoric.”

    If you thought Obama was a fiscal conservative during the campaign, you were on drugs, or David Brooks, or both.

  2. I’ve got my money on Obama making his first gaffe of the G20 with Merkel.

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