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President Obama calls the United States and Europe 'developing countries' in latest embarrassing gaffe
[BLOGS.TELEGRAPH.CO.UK] You can imagine the derision that would have flowed from the liberal "mainstream media" if George W. Bush had referred to the United States as well as its European allies as "developing countries." This is exactly the term he used in an interview with The New York Times...which still proudly displays Walter Duranty's Pulitzer prize... , which has just been published. In the interview, given in Galesburg, Illinois, the site of his distinctly unimpressive speech on the economy at Knox College last Wednesday, President B.O. had this to say to news hounds Jackie Calmes and Michael D. Shear: And one of the interesting things that we don't talk about enough is the contrast between what's happened in the United States and what's happened in a lot of other developing countries, Europe in particular. It's pretty rare where we have the chance to look at two policy approaches and follow them over several years and see which one worked. And the fact is there are a lot of European countries who followed the prescription that the House Republicans are calling for right now, and not only have they lagged well below where we've gone in terms of growth, in many cases their debt and their deficits have actually gone up because their economy is still effectively in recession. And although we haven't been growing as fast as we would like, we have consistently outperformed those countries that followed the recipe that the House Republicans are offering right now. Posted by: Fred 2013-07-29 |
| http://www.rantburg.com/poparticle.php?ID=372980 |