On Thu, 08 Jul 2010 13:18:23 -0400, John H
wrote:

...talks about the International Monetary Fund's assessment and how Europe
presents the greatest threat to global economic recovery. I see little
difference in how Europe got to where it is and where Obama is leading this
country. Maybe I'm just myopic.

actually the difference is huge. europe is pulling back and trying to
cut spending in the midst of a depression. obama is spending, like he
should, and hoping to stave off the depression.


http://tinyurl.com/2v54xku

The most strange part of the Post article is what is omitted.

"WASHINGTON — The International Monetary Fund is calling for the United States
to make a stronger effort to curb its budget deficits."

if one looks at the historical record of the IMF they are strongly
monetarist, ala milton friedman. we already know that model failed.