Could Greece Decide the American Election?

Tuesday, May 15, 2012

Mitt Romney and President Obama may find themselves watching events unfold in Europe with a little uneasiness. After all, Europe's political calendar may pose the perfect economic storm, and it could blow across the Atlantic and decide who becomes President of the United States.

François Hollande is being inaugurated today, and Angela Merkel's party was dealt a stinging rebuke by voters. But all of this pales in comparison to the debacle Greek voters are facing. They'll decide whether to stick to their promise of austerity in June, and their election results could pave the way for an Obama nightmare. Justin Vaissesenior fellow on foreign policy at the Brookings Institution, explains how the dominoes could fall in Europe and the United States.


Justin Vaisse

Produced by:

Arwa Gunja

Comments [4]

amalgam from NYC by day, NJ by night

Considering that the enormous rightwing media is absolutely teeming with "Obama/Pelosi-as-Socialist" rhetoric, I guess it should be represented ad nauseam on The Takeaway, too. In fact, there is a good chance that the Obama admin. will be voted out of office because of the PREVALENCE of opinion that believes he is a Greek-style (risible).

Let's not talk about rightwing spending in terms of unfunded tax cuts, unfunded wars, etc. etc. Those are NOT included in the all-important, all-consuming, extermely moral equation of Puritanical debt-counting. Goody.

The only "sunlight" that we lefties - who are obviously the "ignorant masses" - can understand is that which shines on "division" between women, class, race, etc., because the U.S. has clean (revisionist) history of perfect union on all of those fronts. In essence, those problems were solved by NOT talking about them and NOT fighting the status quo. Again, goody.

May. 15 2012 12:42 PM

How exactly did the Greeks infiltrate Pelosi's Congress and Obama's White House and spend trillion of our money?
It seems they both did they best to imitate the European economic design while ignoring the fact that it is falling apart and are now shocked, shocked that the Euro crackpot economics may effect their experiment in crackpot economics.

How about a primer on what socialism is for the ignorant masses and how it compares to Obama and the Democratic Party today and their sworn oath to the US Constitution or is that a bit too much sunlight on public funded radio which tends to embrace statist policies?
After discussing how this may effect Obama please leave sometime to ask how this may effect our nation?

Any mention of socialism is boorish but a "War on Women" is fine in polite discourse along with the constant drumbeat of division regarding class, race, gender, orientation and ethnicity?

May. 15 2012 11:01 AM
amalgam from NYC by day, NJ by night

...and if we understand the fundamentals of Capitalism, then we know that we in the U.S. have NOT been living in some pure "Capitalist" system, but in a hybrid one (like virtually every nation-state) for at least 100 years or since the era of Republican Pres. Teddy Roosevelt and his progressive agenda.

So no, I don't believe that most people understand the definition of "Socialism" considering most don't even understand what type economic system they live in, which is often mixed, idiosyncratic and specific to the cultural working of that nation-state.

(BTW, any country that taxes - which is every country in the world for much of human history - redistributes wealth.)

May. 15 2012 09:43 AM

Wrong Celeste, it is because we do understand the definition of Socialism. Redistributing the wealth is sure not a fundamental of Capitalism.

May. 15 2012 09:02 AM

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