Obama's Stimulus too Socialist for ... France?
Oui:
Sacré bleu! You mean you can't spend your way out of debt? What kind of crazy talk is that?
Paris rejects 'Obama-style' stimulus program Prime Minister François Fillon on Monday rejected demands that the French government seek to stimulate consumer spending, rather than follow his plan to stimulate corporate and infrastructure investment, to lift France out of its economic slump. "It would be irresponsible to chose another policy, which would increase our country's indebtedness without having more infrastructure and increased competitiveness in the end," Fillon said in a speech in Lyon.
Posted by: Confederate Yankee at 11:47 PM
Comments
1
Exactly. France is doing the right thing to stimulate corporate and infrastructure investment. JOBS. Business. Real wealth. That's what he's focused on. Obama is definitely irresponsible - and the American people are clearly not intelligent if they don't see Obama's programs are bad for America.
Posted by: l at February 03, 2009 08:16 AM (KquNY)
2
It's official. The United States of America is now to the left of France. God help us.
Posted by: Mark at February 03, 2009 08:25 AM (q7UjI)
3
We are really in it deep when the French can out think us. . . .
Posted by: JD at February 03, 2009 12:24 PM (VyXDV)
4
Of course YOU have the answer for solving the stimulus problem, right? The Bush tax-cuts should be extended further after they did such a great job in the months and years leading into this crisis...
Why not give the new Obama administration a chance to prove themselves in this respect?
You've been unapologetically justifying EVERYTHING that the Bush Administration has been doing over the past eight years - yet we find ourselves in these tough economic times.
How about an honest evaluation of the Republican Party's response to the economic situation to date along with some suggestions for how the Obama administration should continue?
Short of that, you simply appear as whining children who are incapable of taking any responsibilities for their own actions.
Why not give the new Obama administration a chance to prove themselves in this respect?
You've been unapologetically justifying EVERYTHING that the Bush Administration has been doing over the past eight years - yet we find ourselves in these tough economic times.
How about an honest evaluation of the Republican Party's response to the economic situation to date along with some suggestions for how the Obama administration should continue?
Short of that, you simply appear as whining children who are incapable of taking any responsibilities for their own actions.
Posted by: Adam Stanhope at February 03, 2009 06:43 PM (O64c3)
5
re Adam @6:43pm of course it was ok for all of you on the left to do it for the last 8 years!
Posted by: Rich in KC at February 03, 2009 06:59 PM (siQqy)
6
re Adam @6:43pm of course it was ok for all of you on the left to do it for the last 8 years!
And just look at the incredible prosperity and full employment we're experiencing here at the end of those eight years!
And just look at the incredible prosperity and full employment we're experiencing here at the end of those eight years!
Posted by: Ivan Ivanovich Renko at February 03, 2009 09:23 PM (YMSLX)
7
Obama's administration already had a chance to prove itself. It was called the Carter administration.
Posted by: Walt at February 03, 2009 09:58 PM (Mj1Z8)
8
Screw Obama's stimulus package. I believe that in order to get ourselves out of this mess, what we really need to do is give more tax breaks to the ultra wealthy...I'm talking folks like John Thain (formerly of Merrill Lynch) who do things like spend $1400 on an office trashcan. Trickle down economics really is where it's at. And we should all be grateful for the monetary crumbs that will eventually accrue to us if we're patient enough.
Posted by: MacGruber at February 04, 2009 12:11 AM (6I6OG)
9
The Bush tax-cuts should be extended further after they did such a great job in the months and years leading into this crisis
Yes, they did. They did not repeal the business cycle, of course, but they did lift the USA up out of recession into the longest expansion of the economy in history.
To blame our current recession on the Bush tax cuts is even poor economics--it is literally tin hat territory. Even the crooks in Congress are blaming the "lack of regulation" for the current crisis, tho it really was overregulation and collusion between Democrats and Fannie Mae/Freddie Mac that was to blame.
Yes, they did. They did not repeal the business cycle, of course, but they did lift the USA up out of recession into the longest expansion of the economy in history.
To blame our current recession on the Bush tax cuts is even poor economics--it is literally tin hat territory. Even the crooks in Congress are blaming the "lack of regulation" for the current crisis, tho it really was overregulation and collusion between Democrats and Fannie Mae/Freddie Mac that was to blame.
Posted by: iconoclast at February 04, 2009 05:58 PM (FGCRY)
10
To Adam:
Obama's Administration HAS been given a chance to prove itself. It was called the Carter Administration.
Obama's Administration HAS been given a chance to prove itself. It was called the Carter Administration.
Posted by: Walt at February 04, 2009 07:56 PM (Mj1Z8)
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