US Should Stay Out of Greek Bailout »
Randall Holcombe | Wednesday June 8, 2011 at 1:55 PM PDT | 4 Comments
In a recent meeting with German Chancellor Angela Merkel, President Obama “...pledged to cooperate fully in working through these issues, both on a bilateral basis but also through international and financial institutions like the IMF.” The US should stay out of Greece’s financial problems, for several reasons. First, the US is running budget deficits...
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Tags: Bailouts, Budget and Tax Policy, Economics, Europe, Germany, Politics, Presidential Power
