I have been trying to keep up with the economic situation that the Europe is facing. While it started with Greece, other European countries such as Spain and Italy are also facing economic hardship. As I was reading the following article from USA today, there was one major point that came to mind: What business does the Obama Administration have to pressure Europe to “resolve this crisis before it gets worse”? It is apparent that the U.S. is no model in economic stability or low unemployment rate and it really portrays weakness as a nation to talk about something that we have yet to master 3 years after a recession. With that said, it seems like Europe is making strides to overcome this crisis.
While I understand that the Obama administration is worried that by the European crisis getting worse, it could in turn impact the American economy greatly, I do not believe it is the U.S.’ place to voice those kinds of concerns when the rest of the world has concerns about our economy and how we affect them. We need to start thinking about the things our government can do so that businesses stay in this country instead of relying so heavily on other countries for their exports, etc.