It’s the sheer infantilism of it that offends. The BBC glowingly reports that…
US President Barack Obama has said there is an “emerging consensus” that European countries must now focus on growing t
he State and the number of State workersjobs and growth.
Speaking after the G8 summit of some of the world’s leading economies, he said the US was confident that Europe can meet its challenges. President Obama said leaders had made good progress on a range of issues.
Obama said the meeting had been a success.
Well, when it comes to growth, Obama speaks with authority, having grown US National Debt by 50%. Still, that’s a mere trivial detail for the BBC so moving on…
The BBC’s Paul Adams at Camp David says both that communique and Mr Obama’s speech showed the US and French position had won out over Germany and Britain’s pro-austerity stance.
I wonder what “won over” means, Mr Adams? I heard Merkel state that Greece must honour the financial commitments it has made. Is that an example of a chastised German leader. I think that the BBC is running with the meme that “growth” (uncontrolled State spending, borrowing and taxing”) is the way forward and they will use this to beat poor hapless Cameron over the head between now and 2015. In the meantime, Balls and Miliband are now pretending that Labour did NOT wreck the economy and that “growth” is their favoured policy. This cannot end happily but the BBC are quite prepared to to look under the petticoats of this growth phantasm lest they catch a glimpse of the financial recklessness that dare not speak its name.