… then encourages France not to follow in Obama’s footsteps. Yes, another “truth is stranger than fiction” moment from the Obama White House.
President Barack Obama congratulated French president-elect Francois Hollande for his victory Sunday, but warned of “challenges” ahead, a clear reference to Afghanistan and eurozone debt crisis.
The US president was among the first world leaders to welcome Hollande’s election as France’s first Socialist president in nearly two decades, a result sure to have major implications for Europe as it struggles to emerge from a financial crisis.
Obama invited Hollande for bilateral talks at the White House later this month ahead of a G8 leaders meeting he will host at his Camp David retreat in Maryland between May 18-19, and a NATO transatlantic alliance summit in Chicago on May 20-21.
In a telephone call, Obama “indicated that he looks forward to working closely with Mr Hollande and his government on a range of shared economic and security challenges,” White House spokesman Jay Carney said in a statement.
But later …
President Obama’s spokesman warned the new socialist president-elect of France not to implement his campaign agenda of ending austerity measures, indicating that such a reversal could damage the world economy … French President-Elect Francois Hollande called for an increase in government spending and taxes.
What, you mean adding a massive amount of new debt to an already heavy debt load is a bad idea? You mean tax and regulatory increases stifle economic growth?
“Do as I promise, not as I actually do” could very well be the new Obama campaign slogan.