Posted on 11/12/2010 12:06:38 AM PST by Berlin_Freeper
SEOUL, South Korea President Obamas hopes of emerging from his Asia trip with the twin victories of a free trade agreement with South Korea and a unified approach to spurring economic growth around the world ran into resistance on all fronts on Thursday, putting Mr. Obama at odds with his key allies and largest trading partners.
The most concrete trophy expected to emerge from the trip eluded his grasp: a long-delayed free trade agreement with South Korea, first negotiated by the Bush administration and then reopened by Mr. Obama, to have greater protections for American workers.
And as officials frenetically tried to paper over differences among the Group of 20 members with a vaguely worded communiqué to be issued Friday, there was no way to avoid discussion of the fundamental differences of economic strategy. After five largely harmonious meetings in the past two years to deal with the most severe downturn since the Depression, major disputes broke out between Washington and China, Britain, Germany and Brazil.
(Excerpt) Read more at nytimes.com ...
Regulatory costs often far outweigh labor.
Here’s whar Obama had to say in response to the question of whether America’s place in the world is slipping:
“We are now seeing a situation where a whole host of other countries are doing well and coming into their own and naturally they’re going to be more assertive ... and that’s a healthy thing,”
Is he kidding? Stupid? Naive? I can’t tell, it’s just incredible.
I sincerely would include Valeri, moochele’s mother and moochele herself because I believe they are the ones making the decisions now the obamanation has lost it.
Yeah, I don't think he thought that part through. He wants to put in place policies that weaken the U.S., to make all nations equal, but he didn't realize that that means no one has to listen to him anymore. If we're not the strong man in the room, no one will pay us any attention.
I don't think he likes it much when no one listens. His plan is flawed.
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