Deposed Czech leader kicks out the jams; U.S. on fiscal Highway to Hell. Finally, at least, we meet a European–and an EU leader to boot–who speaks American English. AP via MSNBC. Usually, it’s hard to get anyone but the French to tell you what they really think:
STRASBOURG, France–The head of the European Union slammed President Barack Obama’s plan to spend nearly $2 trillion to push the U.S. economy out of recession as “the road to hell” that EU governments must avoid.
The blunt comments by Czech Prime Minister Mirek Topolanek to the European Parliament on Wednesday highlighted simmering European differences with Washington ahead of a key summit next week on fixing the world economy.
It was the strongest pushback yet from a European leader as the 27-nation bloc bristles from U.S. criticism that it is not spending enough to stimulate demand. [more]
Hey Mirek, how’s that Czech Republic economy going for you?