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Europe
German Finance Minister Schaeuble tells Obama: Get you own house in order
2012-06-25
Germany's finance minister is rejecting U.S. President Barack Obama's calls on Europe to move faster in fighting its debt crisis, telling him to get the American deficit under control instead.

Wolfgang Schaeuble told public broadcaster ZDF in an interview late Sunday that "people are always very quick at giving others advice."

He says: "Mr. Obama should first of all take care of reducing the American deficit, which is higher than in the eurozone."
That's going to leave a mark...
Posted by:Besoeker

#2  This video by Clarke and Dawe does a fairly good job of explaining things.

Posted by: crosspatch   2012-06-25 17:54  

#1  That would be a good idea that isn't going to happen while Obama is in office. Raising the debt limit is going to come up again just before the election. How's that going to play out?
Posted by: JohnQC   2012-06-25 16:05  

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