Friday, May 18, 2012

Europe's Fate, and Obama's, May Ride on G8

Alexis Simendinger, RCP
President Obama has a weekend challenge ahead of him: Can he persuade European leaders gathered in the Maryland woods outside Washington, D.C., to adopt the U.S. fiscal example of short-term bailouts, government stimulus and long-range plans for belt-tightening in order promote growth and stave off a fiscal meltdown in the Eurozone?Obama's re-election chances, pinned to his promises of a rosier U.S. economy and more jobs here, could ride on what his peers in Europe decide to do.U.S. economists have said continued writhing in Europe over a solution to the debt crisis, and even...

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