Stop lecturing and do your homework, America!<\/em>\u00bb, ce qui pourrait se traduire lestement: Arr\u00eate de nous donner des le\u00e7ons et occupe-toi de ton bordel int\u00e9rieur, l’Am\u00e9rique ! (Message secondaire mais lui non plus sans int\u00e9r\u00eat, consid\u00e9rant la nationalit\u00e9 de l’auteur : l’Allemagne est vraiment \u00e0 bout de patience avec les USA.)<\/p>\n<\/p>\n\t\u00abBarack Obama finally succeeded in uniting the world just not the way he intended. At the G-20 summit in Seoul, countries almost universally rejected America’s ideas for correcting current-account imbalances as well as its second round of quantitative easing (QE2). After an electoral shellacking at home, the U.S. president suffered a diplomatic shellacking abroad. It was one of the darker hours of American economic diplomacy.<\/em> []<\/p>\n<\/p>\n\t\u00bbAmerica’s actions undercut its president’s pleas to the world. Lectures about macroeconomic virtue sound dangerously hollow. They are reminiscent of American presentations about the importance of human rights in the age of Guantanamo and Abu Ghraib. The immediate effect in Seoul was the spontaneous emergence of a G-19, with the odd bedfellow of a Sino-German alliance at its core. The tone reached a fever pitch when German finance minister Wolfgang Sch\u00e4uble called U.S. policy clueless.<\/em><\/p>\n<\/p>\n\t\u00bbWhile America’s argument about the Chinese currency may be valid, it is also a distraction. America does not only have a bilateral trade deficit with China, it has a multilateral trade deficit with most of its important partners. Not only is Chinese currency manipulation hurting America; it is America’s own lack of competitiveness that is hurting America. There are just not enough goods and services to export that the world wants. Which is why the argument about rebalancing is, at best, one-sided. It assumes that balanced trade is desirable and surpluses are just as bad as deficits when, in fact, deficits are worse. They point to weaknesses in the domestic economy. These weaknesses need to be corrected. That is the task at hand, and the Obama administration has, so far, not given an indication that it is up to the task. It should make goods, not dollar bills. It should cut its deficit, not the value of the dollar. Last week, the co-chairmen of the president’s deficit commission came up with a set of recommendations for painful cuts. That’s a start. In the spirit of the commission, the United States should stop pointing fingers at its democratic peers and instead start doing its homework. Then and only then will America be able to rebuild the credibility of its global economic leadership.<\/em>\u00bb<\/p>\n<\/p>\n\n
dedefensa.org<\/em><\/p><\/p>\n","protected":false},"excerpt":{"rendered":"M\u00eame les amis les plus chers en ont vraiment marre Tout de m\u00eame Le German Marshall Fund est l’un des r\u00e9seaux transatlantiques les plus vertueux pour le relais de l’influence US vers la vieille Europe, particuli\u00e8rement l’Allemagne. Dans ce temple de la vertu am\u00e9ricaniste-occidentaliste dont les USA sont le phare incontest\u00e9 et le leader bien-aim\u00e9,… <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[14],"tags":[2604,5348,7932,8662,10338,10339,3717,3145,2804],"class_list":["post-72467","post","type-post","status-publish","format-standard","hentry","category-ouverture-libre","tag-des","tag-fund","tag-g20","tag-german","tag-kleine-brockhoff","tag-marre","tag-marshall","tag-thomas","tag-usa"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/new.dedefensa.org\/index.php\/wp-json\/wp\/v2\/posts\/72467","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.dedefensa.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.dedefensa.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.dedefensa.org\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.dedefensa.org\/index.php\/wp-json\/wp\/v2\/comments?post=72467"}],"version-history":[{"count":0,"href":"https:\/\/new.dedefensa.org\/index.php\/wp-json\/wp\/v2\/posts\/72467\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.dedefensa.org\/index.php\/wp-json\/wp\/v2\/media?parent=72467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.dedefensa.org\/index.php\/wp-json\/wp\/v2\/categories?post=72467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.dedefensa.org\/index.php\/wp-json\/wp\/v2\/tags?post=72467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}