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Obama warns of euro zone threat,welcomes growth focus
Yahoo ^ | 5/19/12 | Reuters

Posted on 05/19/2012 5:33:17 PM PDT by mdittmar

CAMP DAVID, Maryland (Reuters) - President Barack Obama, wrapping up the G8 summit he hosted at Camp David, welcomed Europe's focus on rekindling growth and warned the crisis in the euro zone was dangerous for the world.

Obama, whose re-election chances in November depend heavily on the U.S. economy continuing to shake off recession, said there was now "an emerging consensus" that Europe ought to invest in job-creating infrastructure and other programs at the same time as it tackles its deficits and debt.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Germany; News/Current Events; United Kingdom
KEYWORDS: europeanunion; france; germany; unitedkingdom
"Europe ought to invest in job-creating infrastructure"

LOL!

1 posted on 05/19/2012 5:33:23 PM PDT by mdittmar
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To: mdittmar

The Spanish Prisoner strikes again! MORE stimulus spending, more debt to grow economy. Then it doesn’t grow and cronies end up with millions/billions.

http://confoundedinterest.wordpress.com/2012/05/19/the-new-spanish-prisoner-con-spain-raises-budget-deficit-to-8-9-of-gdp-but-wont-effect-deficit-goal-of-5-3-of-gdp/


2 posted on 05/19/2012 5:37:11 PM PDT by whitedog57
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To: mdittmar
"Europe ought to invest in job-creating infrastructure"

LOL!

Yes, when you get a bunch of European Socialists and one American Marxist-Socialist in the room, I am sure that is the consensus, right along with more taxes and more government regulations to help with job growth.

3 posted on 05/19/2012 5:37:27 PM PDT by ilgipper
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To: mdittmar

He should have said , “Shovel ready “ he would have them rolling in the isles


4 posted on 05/19/2012 5:38:51 PM PDT by molson209
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To: mdittmar
0bama, the economic expert on turning economies around to save them.

He should send Geithner over there to do his magic! /s

5 posted on 05/19/2012 5:44:09 PM PDT by EGPWS (Trust in God, question everyone else)
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To: mdittmar
Oh, my. Have you seen my reading glasses?

I thought it said "Obama warns of emu zone threat,welcomes growth focus" and I thought WTF? He's talking about emus?

6 posted on 05/19/2012 5:47:46 PM PDT by sockmonkey
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To: mdittmar
Seriously...is there anyone who thinks that Hussein has a clue?
7 posted on 05/19/2012 5:52:22 PM PDT by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both)
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To: EGPWS

8 posted on 05/19/2012 5:53:26 PM PDT by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both)
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To: BenLurkin
"Europe ought to invest in job-creating infrastructure"

Hitler did just that.

9 posted on 05/19/2012 5:56:54 PM PDT by scooby321 (h tones)
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To: scooby321

ANYONE who takes advice from this petulant uninformed marxist loser (aka: nobama) needs to have their head examined...a check-up from the neck-up.


10 posted on 05/19/2012 5:59:26 PM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: BenLurkin

No,he has no clue,but he is a tool.


11 posted on 05/19/2012 6:06:24 PM PDT by mdittmar
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To: mdittmar

They are getting advice from the Food Stamp President... you gotta be kidding! I thought Slow Joe was the one that did the clown acts.


12 posted on 05/19/2012 7:58:03 PM PDT by RetiredTexasVet (There's a pill for just about everything ... except stupid!)
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To: mdittmar
Obambi has a "growth" plan.

Yeah. That sounds real credible.

13 posted on 05/19/2012 8:08:51 PM PDT by comebacknewt (Newt (sigh) what could have been . . .)
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To: mdittmar

“Debt is growth!”

...war is peace
freedom is slavery
ignorance is strength


14 posted on 05/19/2012 8:16:32 PM PDT by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat Party!)
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To: BenLurkin

I just read a paper by one of his financial advisors. She said FDR did a good job - just didn’t go far enough with “fiscal expansion” (debt and stimulus).

FDR knew what he was doing, and whoever controls obama knows what they are doing. Take this country down so the power rests with the government.


15 posted on 05/19/2012 8:22:11 PM PDT by 21twelve
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To: mdittmar
Obama, whose re-election chances in November depend heavily on the U.S. economy continuing to shake off recession...

Ask the small city at HP who are getting the boot if they think we are "shaking off the recession."

16 posted on 05/19/2012 8:27:26 PM PDT by ProtectOurFreedom
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