Pm's Problems Not Solved in Us

Summary


THE PRIME MINISTER'S address to both houses of Congress today is an honour that is not lightly granted. He will not be using it, then, to repeat his familiar message back home, that this recession was made in America. Rather he will make it clear that Britain and Europe want to work with the US, and that this new administration has the advantage of enormous goodwill from both. He will also reinforce the now-familiar theme that the crisis needs a coordinated international response -- his own new deal, in other words -- and that protectionism would compound the problem, not resolve it.

Much of this is worth saying, particularly given the protectionist sentiment expressed in the "buy America" clause in President Obama's rescue package for the US economy, which is only partly offset by the stated commitment to uphold international obligations.

See the full content of this document

Extract


Pm's Problems Not Solved in Us

Unfortunately, Congress and the President are inevitably concentrated on U...

See the full content of this document

Sponsored links




ver las páginas en versión mobile | web

ver las páginas en versión mobile | web

© Copyright 2012, vLex. All Rights Reserved.

Contents in vLex United Kingdom

Explore vLex

For Professionals

For Partners

Company