President Barack Obama steps back onto the world stage Friday, when he leaves for two economic summits in Asia after a big electoral rebuke.
But his troubles will not ease overseas.
The U.S. and nations abroad are at odds over economic policy. Among the issues, conservative governments in Britain and Germany are pressing for fiscal austerity measures in Europe that Mr. Obama’s administration is resisting implementing in the U.S.
“The rest of the world is looking more like the tea party,” which wants to rein in government spending, according to Kenneth Rogoff, a former chief economist at the International Monetary Fund.
This trip is costing American taxpayers 200 Million dollars per DAY.
Sorry, I didn’t realize how the hyperlinks work here.
Correction:
This trip is costing the American taxpayer 200 million dollars per day:
http://transfigurations.blogspot.com/2010/11/34-warships-sent-from-us-for-obama.html
http://www.ndtv.com/article/india/us-to-spend-200-mn-a-day-on-obama-s-mumbai-visit-64106
IS it really necessary to cost taxpayers this much money now with the state we are in?!!
It’s very interesting that Obama has taken us towards a socialist experiement right as the Europeans are trying to shed their socialist experiment after crushing debt and a huge anti-incentive to do business in their countries.
I don’t think the claim that the trip will cost $200 million will hold up. See
[url=http://www..]snopes.com/politics/obama/india.asp [/url]
It seems the story came out of India and may not be true after all. After this, I hope the White House will be forthcoming about how many and who were traveling with the president and the cost of the trip.
Here is another side of the story:
http://dirtdiggersdigest.org/archives/1740