Rebuilding America

Posted By Clyde Prestowitz Wednesday, November 14, 2012

"Fiscal cliff" has become such a catch phrase that it now shows up regularly in non-U.S. media around the world. Avoiding going over it is certainly President Obama's number one concern between now and the end of the year.
Or is it? Well, if it is, it's not stopping him from leaving Washington and flying half way around the world to Cambodia next week to attend the East Asia Summit meeting of top Asian leaders. So "take that" John Boehner. You may be the Speaker of the U.S. House of Representatives, but you're no Xi Jinping or whomever the Chinese pick as their new leader. This is the first time an American president has attended the summit, and it is a measure of the importance of China/Asia to the United States that Obama is taking part despite the fiscal pressures he, America, and the world are facing.
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Thursday, November 15, 2012