I like to give my readers a laugh in the morning. Please, swallow your coffee before continuing.
Treasury Secretary Tim Geithner apparently is in Europe lecturing them on how to fix their economies!
And they politely responded, “Just who the $%#&@! do you think you are?”
We have 9.2 percent unemployment, annual deficits of more than $1 trillion, and economy slipping back into recession, and Tim Geithner thinks he has advice for the Europeans?
From the Washington Post article detailing the debacle:
The Europeans did not react favorably to being told what to do by an American.
“I found it peculiar that even though the Americans have significantly worse fundamental data than the euro zone that they tell us what we should do,” Austrian finance minister Maria Fekter told reporters after the meeting.
See, now I’m really worried. I know Obama’s economic advisers were incompetent. But now I’m concerned that they are delusional.
And of course, what did he tell them to do? Stimulus! Because, you see, it’s worked so well over here.