This is a rant letter for President Obama, because I am sick of it, sick of things like him telling the American public “I and secretary Geithner are spending so much time telling European politicians what to do about the Euro crisis” (here).
Let me first say: I am a huge America fan, I have no use for the usual anti-americanism of the typical European intellectual, I have good friends in America, the intellectual dynamism there is awesome and I always feel great when I am there. But:
Dear Mr. President -
I am sick of hearing from you or your administration things like “I and secretary Geithner are spending so much time telling European politicians what to do about the Euro crisis”. Well, how about spending some time solving your own economic problems, which you apparently have no clue what to do about. And please, please do not blame the European crisis for your not very successful economic policies. Do not blame the Europeans if your reelection is in jeopardy. And no, Germans do not want to pay for your cronies on Wallstreet or for your reelection (they liked you at the beginning, I liked you, but paying money for your reelection – don’t count on it). And why should they? You just mind your own damn business.
Think about how this would be the other way around: have you or your predecessor ever given a damn sh** that European airports, train stations and public squares got less safe, and at the same time travelling even within Europe much more of a hassle because of your stupid war on terror? Have you ever cared when you subjected our citizens to your CIA renditions? Have you ever listened when we complained about Guantanamo or the barbaric death penalty in your country, which is a shame for every civilized nation? And, yes, what about the environment and climate change? Then it’s always American business first.
I am willing to listen to the great Economists of your country (well, not the ones that write in the NYT) and it’s good to have a great exchange of intellectual ideas about how to tackle the crisis (I have benefitted a lot from things Martin Feldstein or John Cochrane have said about the crisis), but you take care of your own economic woes first.
The Lumpy Economist