SocraticGadfly: Obama: G20 split talk is ‘phony debate”

March 15, 2009

Obama: G20 split talk is ‘phony debate”

President Barack Obama was talking about the idea that there’s a split between the U.S. and much of the rest of the G20, over whether to engage in more theoretically stimulative government spending, or to focus on financial regulation.

Well, President Obama, you can prove this is a phony debate, and that you’re not too tired, by having a financial institutions regulatory bill sent up to Congress by no later than June 1. That would prove that re-regulation is as ‘front and center” as you say it is.

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