2016 Postmortem
Related: About this forumSpain quip adds to Romney’s foreign policy trouble
WASHINGTON (AP) If Mitt Romney becomes president, he might need a crash course in Diplomacy 101.
He irritated Britons and Palestinians during a summer tour abroad and has declared Russia to be Americas No. 1 geopolitical foe. Just last week, the Republican candidate, who plans a foreign policy speech Monday, raised eyebrows in Spain by holding it up as a prime example of government spending run amok.
That left Spaniards confused, and threatened to reinforce Romneys perceived handicap in international affairs, precisely at a time when lingering questions over the Sept. 11 attacks against the U.S. Consulate in Benghazi, Libya, has President Barack Obama on the defensive.
I dont want to go down the path of Spain, Romney said Wednesday night during the first presidential debate. He argued that government spending under Obama has reached 42 percent of the U.S. economy, a figure comparable with Americas NATO ally. I want to go down the path of growth that puts Americans to work.
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http://www.salon.com/2012/10/07/spain_quip_adds_to_romneys_foreign_policy_trouble/
bemildred
(90,061 posts)DonViejo
(60,536 posts)Romney's debate showing puts Europe on edge
http://www.democraticunderground.com/1251123934
muriel_volestrangler
(101,321 posts)...
Spain ran budget surpluses in the years from 2005-2007. Its debt to GDP ratio fell from 50.3 percent in 2000 to 26.5 percent of GDP in 2007. There is no remotely plausibly story of government profligacy here.
http://www.cepr.net/index.php/blogs/beat-the-press/the-myth-of-profligate-euro-zone-countries
Spain's problem was a construction bubble, which, when it burst, hugely increased unemployment, and put the banks in trouble.