President Obama’s address, this afternoon, about the health
coverage initiative and the shutdown of government services, will certainly
have an important impact on American public opinion. The finger pointing at the
Republicans was very effective. I think it is the right approach. The pressure
on the Republican Party should convince its leaders that it is in their
electoral interest to find a way out of the current crisis. The sooner they do
it the better as the continued shutdown will end up by having a major impact on
the economy both in the US and elsewhere. Today’s world is too interconnected
for us, Europeans, to say this is a mere American issue. It is not. We will end
up by being concerned as well.
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