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Varney: Blaming Europe is Getting Old
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FBN’s Stuart Varney sounds off on the use of Europe as the reason for America’s economic problems.
- Duration 1:28
- Date Jul 25, 2012
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FBN’s Stuart Varney sounds off on the use of Europe as the reason for America’s economic problems.
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Clearly Europe is clearly fraying at the edges and America's economy is heading south so here's my take and they forecast.
The president will use Europe as an excuse -- economic problems via.
In fact it shorting -- it.
For months President Obama has been on the campaign trial claiming everything from the tsunami to Greece on dragging -- down.
He's got a point eight billion limited point recession in Europe is clearly not -- -- for us let's be clear.
The main problem is what we are doing to ourselves.
It is our policy is adopt primarily -- fault here at home.
-- all the people interviewed on this program how many have said would not expanding because Spanish bond yields -- to high.
Seriously what's the greater concern Europe.
Or Obama camp you're up all of -- bank loan but I can't get because of financial reform what's the more serious threat via.
But this is an election media and this time around it is a particularly hard fought race it is perhaps especially contentious.
Because America is in its fourth year of what feels like recession.
And the hundred days before the -- the economy is sliding dangerously close to another up real.
Actual recession.
So you can expect the president to use every angle what he can unfortunately.
The Europe excuse.
Just doesn't walk.
And that's my --