SocraticGadfly: Continential Europe says no to Brown on stimulus

March 28, 2009

Continential Europe says no to Brown on stimulus

On the eve of the big G20 confab, German Chancellor Angela Merkel made clear to British Prime Minister Gordon Brown that the Continent is definitely not interested in a $2 trillion (€ 1.45 trillion or so) stimulus package.

And it wasn’t just Germany.

French President Nicolas Sarkozy and Spanish Finance Minister Pedro Solbes said the same thing.

So Brown will be an impotent, impotent G20 host while the Conservatives look for Labor to fall further in polling.

Perhaps Merkel, Sarko and others even spoke loud enough for not only President Barack Obama, but also Paul Krugman, to hear.

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