Saturday, August 27, 2011

Time to pretend that previous "stimulus package flops" didn't occur

WASHINGTON (Reuters) - U.S. President Barack Obama and German Chancellor Angela Merkel discussed the eurozone crisis and financial-market turbulence on Saturday and vowed action to bolster the global economy, the White House said in a statement.

We're not supposed to notice that this would just be a repeat of their previous "responses," which only made things worse, and that this would make them clueless at best.