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Obama administration advises new French president: For sake of world economy, donít raise taxes
Michelle Malkin ^ | 5/7/12 | Michelle Malkin

Posted on 05/07/2012 7:16:26 PM PDT by Nachum

“Irony can be pretty ironic sometimes…”

*****

President Obama was quick to invite France’s Socialist president-elect to Washington for a visit, but the White House also had some rather perplexing advice for Francois Hollande:

President Obama’s spokesman warned the new socialist president-elect of France not to implement his campaign agenda of ending austerity measures, indicating that such a reversal could damage the world economy.

“A balanced approach . . . Both fiscal consolidation and efforts to boost the recovery is the right approach for Europe,” White House Press Secretary Jay Carney told reporters today. “That’s an approach that he thinks ensures that the recovery continues while putting our fiscal house in order.”

Hollande campaigned on a platform of raising taxes on the wealthy and dramatically increasing domestic spending on stimulus and other programs. Sound familiar? So why would the Obama administration be worried that France might do more of the same thing we’re told will save America from a recession/depression and generations of insurmountable debt?

(Excerpt) Read more at michellemalkin.com ...


TOPICS: News/Current Events
KEYWORDS: administration; advises; french; obama
Full title: Obama administration advises new French president: For sake of world economy, don’t raise taxes and increase spending

... After which the French President advised Obama to go jump in a lake

1 posted on 05/07/2012 7:16:40 PM PDT by Nachum
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To: Nachum

Ah, Obama realizes that the epic fail when France does it faster than he can will poison the well for his own move.


2 posted on 05/07/2012 7:21:39 PM PDT by NonValueAdded (Chen Guangcheng: Gutsy call, Obama /UltraMegaDrippingSarc)
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To: Nachum

Reaganomics won the fiscal debate.


3 posted on 05/07/2012 7:22:58 PM PDT by chuck_the_tv_out
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To: Nachum

Je ne peux pas croire ce que je viens de lire.


4 posted on 05/07/2012 7:26:08 PM PDT by Olog-hai
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To: Nachum

He should have told them to just print more money.

That’s how we do it here in the good ole USofA.


5 posted on 05/07/2012 7:29:26 PM PDT by 2111USMC (Not a hard man to track. Leaves dead men wherever he goes.)
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To: Nachum
ya just can't make this sh!t up, nothing is stranger than truth...
6 posted on 05/07/2012 7:35:58 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Nachum; potlatch; PhilDragoo; bitt

0 needs space. “When” he’s re-elected, both 0 and Hollande can raise taxes together.


7 posted on 05/07/2012 7:38:33 PM PDT by ntnychik
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To: Nachum

Obama wants all the world’s taxes for himself.


8 posted on 05/07/2012 7:48:49 PM PDT by GreatRoad (O < 0)
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To: Olog-hai

Les impots tres haut, ce sont juste si les Americains sont humilie et puni. Obama est infect.


9 posted on 05/07/2012 8:35:08 PM PDT by grumpygresh (Democrats delenda est; zero sera dans l'enfer bientot.)
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To: 2111USMC
"He should have told them to just print more money."

That's the major part of the problem. France uses the euro. Countries in the eurozone have no individual currency to devalue to spur their economy by making exports cheaper and tourism cheaper. The eurozone either has to break up or the individual countries will need to cede financial control to a federal government. Though some will say that if they can find a way to pay their debts and institute individual country financial control the current system can survive with just a little more federal type control. Place your bets Ladies and Gentlemen!

10 posted on 05/07/2012 8:46:42 PM PDT by LZ_Bayonet ( I AM THE TEA PARTY LEADER !)
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To: ntnychik

Bingo.

ozero doesn’t want the new frenchy to raise taxes before the US election.

ozero doesn’t understand that the new frenchy will raise taxes as soon as possible in order to get the new tax money coming in. He has to protect his own policital rear end.


11 posted on 05/08/2012 5:08:18 AM PDT by Texas resident (Hunkered Down)
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To: NonValueAdded

Bingo


12 posted on 05/08/2012 7:32:20 AM PDT by kalee (The offenses we give, we write in the dust; Those we take, we engrave in marble. J Huett 1658)
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