The Europeans are so cute when they're angry, when they pound their little fists. Obama assumes he can ignore them. The EU, once the big player in the G-7, has seen its members' status diluted into the G-20, where the BRIC powers (Brazil, Russia, India and China) now flex their muscle. But Europeans have a thing or two to teach Americans about the economics of the twilight of empire.
Maybe the differences are cultural, not economic; that Europeans lack America's Manifest Destiny can-do optimism.
So, to give the visitors a taste of the yes-we-can spirit, Obama should invite Pittsburgh's 93,700 jobless to the G-20 meet to celebrate that 35% rise in the stock market.
Or -- my own suggestion -- change Bernanke's medication.
For the entirety of the White House-EU exchange, go to GregPalast.com.
Greg Palast is the author of The Best Democracy Money Can Buy.
Palast wrote the column, "Inside Corporate America" for the business section of Britain's Observer newspaper.
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