Obama to G-20: Print more money, don’t make it
I’m being theatrical. Obama is demanding that Germany pull its weight in the global-recovery effort by aping the U.S.: spending more and producing less.
Here are the providential orders verbatim, via the Wall Street Journal:
“U.S. President Barack Obama [has called] for Germans to aid the global recovery by spending more and relying less on exports.”
It is not only Germany Obama wishes to knee-cap economically, but Canada, Japan and China, too. Given that big-spending Americans exist at the sufferance of the frugal, productive Chinese, I don’t quite know how this would work.
“Ms. Merkel countered that Germany’s growth and employment are rising
