Europe’s Woes Pose New Peril to Recover in the U.S.

New York Times ^ | 11 Nov 2011 | Anne Lowry

[docbnj]

For the second time in two years, European debt troubles threaten to slow the momentum of the fragile recovery in the United States.

[docbnj]

It's all someone else‘s fault!

This is the line that diverts any blame for our own government’s policies. Missing is the fact that whatever the Europeans are doing wrong, we are on the same track, and are doing the same things. Lookout Greece: here we come!

After all, for years our intelligentsia has been telling us, “Do it the way the Europeans do.” Apparently, now that is not the best advice.

Articles like this fog the brains of American “intellectuals.”

[CGalen]

There is no recovery.

[Jonty30]

There is recovery.

We just need to work through the bad debt first.
We’ll probably be dead before we work it through though.

[Da Coyote]

“It’s all someone else‘s fault!”

Ah, the mating cry of the modern liberal.

What else do we expect from NYT “journalists”?

After all, they’ve 1) never had real jobs, and 2) never will.

[cloudmountain]

It's a Kobayashi Maru". A strong dollar is bad and a weak dollar is bad.
No way to win.

[Truth29]

"It's a Kobayashi Maru". A strong dollar is bad and a weak dollar is bad. No way to win."

So you have to change the game. Let's hear it for the Amero. sarc/

[reformedliberal]

So you have to change the game. Let’s hear it for the Amero. sarc/

---

God Bless North America! s/

[SuzyQue]

Long dead....

[Jonty30]

Probably your grandchildren too. :(

[fhayek]

They are setting up Obama's next excuse for 2012. The economy has been floundering to this point because Bush left it worse than we thought. It is not getting better now because of Europe. Never do we hold any of Obama's policies to account.

Here's my view: The U.S. economy went into the dumper because of government sponsored housing policies (read socialism), It has remained stagnant due to Obama's policies (read socialism), Europe has become a basket case due to socialism (read socialism). There is a pattern if you choose to look.