Thursday, April 2, 2009

Obama Sells Snake Oil !

April 2, 2009 - British Prime Minister Gordon Brown and President Barack Obama are trying to sell the other leaders at the G-20 World Summit on the idea of government spending "stimulus" packages to boost all the economies simultaneously. Others, led by German Prime Minister Angela Merkel, dispute the value of the "stimulus" tactic. (Although, oddly, Merkel has committed Germany to spending $70 billion to spur its economy, while Brown has so far only committed to spending $28 billion as a stimulus!) ?!? Go figure. - Jerry Breen