Barack Obama Channels Francois Hollande At Press Conference

barack obama francois hollande

Photo: White House, Flickr

At his press conference in Chicago, Barack Obama was just asked about Europe.After saying not very much about Greece’s need for self-determination and democracy he basically immediately started channeling Francois Hollande, whom he met at the G8 meeting this past weekend.

He said Europe needs a “growth strategy” (a classic new-euroism).

He said Europe needs a “fiscal discipline” (same).

And he said Europe needs proactive monetary policy that helps the economies of Spain and Italy.

Basically this is hew line of new Europe: Growth, fiscal discipline, and proactive monetary policy.

Now if only merkel would get on board.

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