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Obama outlines policy of austerity at budget summit

February 24th, 2009
Categories: News

Link: http://www.wsws.org/articles/2009/feb2009/osum-f24.shtml

In advance of his address to Congress on Tuesday and the release of his federal budget on Thursday, President Barack Obama on Monday hosted a White House Federal Budget Summit to launch a campaign for "fiscal responsibility." While largely a public relations event, the gathering underscored the right-wing character of the new administration's policies. National Post: Obama to face down growing public anxiety in high-stakes speech. Global Research: Obama's economic agenda: a timely review.

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