Obama is exceptional at the G-20
And as officials frenetically tried to paper over differences among the Group of 20 members with a vaguely worded communiqué to be issued Friday, there was no way to avoid discussion of the fundamental differences of economic strategy. After five largely harmonious meetings in the past two years to deal with the most severe downturn since the Depression, major disputes broke out between Washington and China, Britain, Germany and Brazil.Each rejected core elements of Mr. Obamaâ??s strategy of stimulating growth before focusing on deficit reduction. Several major nations continued to accuse the Federal Reserve of deliberately devaluing the dollar last week in an effort to put the costs of Americaâ??s competitive troubles on trading partners, rather than taking politically tough measures to rein in spending at home. - New York Times
What's all the fuss? President Obama's just being exceptional!
