Sunday, March 1, 2009

World Wide "New Deal"

First I have heard of this. British Prime Minister meeting with President Obama on Tuesday to unveil a Global New Deal program to save the world economy.

http://www.foxnews.com/politics/2009/03/01/british-pm-propose-global-new-deal-rescue-worlds-economy/

British Prime Minister Gordon Brown hopes to forge a "global new deal" with President Obama to rescue the world's economy when he makes his first visit to the White House since Obama's inauguration.

http://www.timesonline.co.uk/tol/news/uk/article5822265.ece

Brown is under pressure to persuade American political leaders to sign up to bold aims for the G20 summit of industrial and leading developing nations, which is to be held in London next month.

and

The prime minister will borrow from the rhetoric of Franklin Roosevelt, who introduced the government-financed New Deal to tackle the US Depression of the 1930s. He will argue that his 21st century “global new deal” will also require public spending on a huge world-wide scale.

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