For Duty And Humanity

The European contingent of the Group of 20 is embarrassing US President Obama by their realistic attitude toward economic recovery.

As the world-wide recession continues to grow, the leaders of Britain, France, Germany, and Spain have passed drastic spending cuts. The leaders in these countries have realized that you must control deficit spending to reduce current and future debts before worrying about economic recovery. This is not a startling revelation to the millions of people that have lost jobs or are worried about losing a job. “Cut back on spending and reduce debt so that we can weather the bad times.”

This concept is in direct contrast to President Obama’s theory of uncontrolled spending on handouts and an expanding government. Insiders at the White House realize that this theory is wrong, and is one of the reasons that White House Budget Director Peter Orszag chose to leave: before he becomes the fall guy. Unfortunately for the United States President Obama’s only ‘job’ was as a community activist, and as such he never had to worry about budgets or economic theory. Any budgeting theory that he did learn was in his home state of Illinois. Ironically Illinois (also controlled by the Democrats) is headed toward bankruptcy.

The President is so worried that Europe will recover from the recession before the United States (thereby proving him wrong and guaranteeing a one-term presidency) that he has sent world leaders a letter warning against budget cuts and encouraging them to spend. As an unnamed White House source stated, “Why worry about the debt. Let our children and grandchildren solve the problem.”

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