The “Greatest Nation in the World” seems a little Touchy, Don’t You Think?
US hits back over 'questionable' IMF comments
excerpts – entire story at: http://news.yahoo.com/s/afp/20060419/pl_afp/imfeconomygrowth_060419205833
WASHINGTON (AFP) - The US government issued a barbed riposte after the IMF suggested Washington institute health insurance for all Americans and balance its budget faster than planned.
Tim Adams, the Treasury undersecretary for international affairs, demanded that the International Monetary Fund get back to its "raison d'etre" of monitoring global currency rates rather than commenting on health care.
"We have been the product of IMF scrutiny for a long time. They don't mince any words or waste any time talking about the US," Adams told a news conference after the IMF released its semi-annual World Economic Outlook.
"In fact it appears ... that they were once again delving into issues that are questionable topics for the IMF to be looking at," he said.
Speaking at the launch of the Outlook report, IMF chief economist Raghuram Rajan said earlier Wednesday that the United States was not always the poster child for the policies long advocated by the Fund.
"In a globally competitive economy, it is very important you insure the individual, you have a safety net for the individual, because they're at serious risk of losing their job and so on," Rajan said.
"Which means you have to have some form of universal health care. It is very, very hard, in this competitive economy, for 40-million-plus Americans to be uninsured, of which eight million are children," he said.
"So you need universal health care, you need strong educational systems, so the challenge of improving education in the United States, especially in poorer areas, is extremely important."
Adams retorted: "I don't really think that's the purview of the IMF. This is an institution that really needs to get focused, and needs to get focused on its mission and its core expertise."
* * *
Yeah !! Folks, can you believe it?
What the hell is this crap about Health Care and Education? Our government invented the IMF to screw – not help - FOREIGN workers. We can fuck our own American workers just fine, thank you, without any help from the stupid IMF !!
- Uke Man
excerpts – entire story at: http://news.yahoo.com/s/afp/20060419/pl_afp/imfeconomygrowth_060419205833
WASHINGTON (AFP) - The US government issued a barbed riposte after the IMF suggested Washington institute health insurance for all Americans and balance its budget faster than planned.
Tim Adams, the Treasury undersecretary for international affairs, demanded that the International Monetary Fund get back to its "raison d'etre" of monitoring global currency rates rather than commenting on health care.
"We have been the product of IMF scrutiny for a long time. They don't mince any words or waste any time talking about the US," Adams told a news conference after the IMF released its semi-annual World Economic Outlook.
"In fact it appears ... that they were once again delving into issues that are questionable topics for the IMF to be looking at," he said.
Speaking at the launch of the Outlook report, IMF chief economist Raghuram Rajan said earlier Wednesday that the United States was not always the poster child for the policies long advocated by the Fund.
"In a globally competitive economy, it is very important you insure the individual, you have a safety net for the individual, because they're at serious risk of losing their job and so on," Rajan said.
"Which means you have to have some form of universal health care. It is very, very hard, in this competitive economy, for 40-million-plus Americans to be uninsured, of which eight million are children," he said.
"So you need universal health care, you need strong educational systems, so the challenge of improving education in the United States, especially in poorer areas, is extremely important."
Adams retorted: "I don't really think that's the purview of the IMF. This is an institution that really needs to get focused, and needs to get focused on its mission and its core expertise."
* * *
Yeah !! Folks, can you believe it?
What the hell is this crap about Health Care and Education? Our government invented the IMF to screw – not help - FOREIGN workers. We can fuck our own American workers just fine, thank you, without any help from the stupid IMF !!
- Uke Man
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